Financial Accounting Issues: The accounting profession continues to evolve from pure historical cost to fair value measurement for many transactions and economic events. Accordingly, the FASB’s fair value guidance also continues to evolve. Fair value accounting guidance impacts recognition, measurement, presentation, and disclosure. This course starts with explaining fair value fundamentals in ASC 820, Fair […]

Deceptive Accounting Practices: The accounting profession and financial markets have been plagued during the past several years with numerous cases of financial reporting problems. This course will go through some real-life examples of financial statement fraud and/or failed audits. The course will cover how to recognize deceptive practices related to revenue recognition, detail related party […]

Identifying and Addressing the Risk of Fraud in Nonprofit Organizations: This 4-hour module will help auditors and those working in nonprofit organizations to identify and address the most common fraud and abuse schemes that are perpetrated against them. Using a case study format, participants will learn how these fraud schemes can be prevented and detected. […]

Analyzing Financial Statements: Professionals, including corporate management, loan officers, investors, suppliers, customers, and auditors, use financial statement analysis to perform their daily responsibilities. This program focuses on financial statements and the analysis of financial statements utilizing cases to assess profitability, liquidity, and resource management efficiency. We conclude with discussions of non-GAAP performance measurements, forecasting, and […]

Current Expected Credit Losses: FASB ASC topic 326, Financial Instruments-Credit Losses, significantly impacts all reporting entities across all industries because it applies broadly to financial instruments, including accounts receivable. It also has far-reaching implications for companies because it impacts operations, data management, and internal controls over financial reporting. This course will offer tips on complying […]

Foreign Corrupt Practices Act: The U.S. Congress enacted the Foreign Corrupt Practices Act (FCPA) in 1977 in response to revelations of widespread bribery of foreign officials by U.S. companies. The act was intended to halt those corrupt practices, create a level playing field for honest business, and restore public confidence in the integrity of the […]

2023 Ethics - Ethical Transgressions 2023: Tales of Corruption: In season two of Tales of Corruption, we investigate five actual scenarios where fraud was committed along with corresponding ethical decision-making models. From Paycheck Protection Program (PPP) fraud and cryptocurrency investment schemes to insider trading and extensive timekeeping and startup frauds, you'll learn how these extreme […]

Diversity, Equity & Inclusion This course is intended to create a foundation of diversity, equity, and inclusion (DEI) in the workplace, accounting profession, and community and begin the exploration of the impact of ethics and preconceived bias. This course has been approved by the Virginia Board of Accountancy (VBOA) to fulfill your 2023 ethics requirement. […]

Key Tax Planning Concepts and Issues:  CPAs add value to their clients in the tax arena by offering more than just return preparation. Understanding the key techniques and options in tax planning is key to providing clients with a real service beyond simple tax compliance. This session will look at the major concepts behind tax […]

Current Federal Tax Developments:  This fast-paced, one-day course covers the latest developments in federal taxation, updated bi-weekly, emphasizing real-world applications. The program offers an in-depth discussion of important items covered during the preceding 12 months on Kaplan’s Current Federal Tax Developments website. Emphasis on current issues, planning, and strategy keeps participants interested all day. Participants […]