Current Financial Reporting Issues This course discusses recent and complex or extensive changes to U.S. GAAP in the areas of financial reporting and disclosures, not included in the FASB update. Topics may include revenue, leasing, credit losses, going concern, asset impairments, related parties, business combinations, income taxes, and related disclosure requirements. Objective(s) • Identify and […]

Cryptocurrency Accounting This course provides an overview of cryptocurrency basics and uses cases. Learn the latest trends in crypto applications and the current state of accounting applications of cryptocurrency. It will cover the appropriate accounting for cryptocurrency and address some of the challenges in accounting for cryptocurrency. Objectives: Identify the various forms of cryptocurrency Give […]

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. […]

Not-for-Profit Update Standards Updates: This course provides an update to the recent accounting pronouncements affecting not-for-profits, the not-for-profit landscape, recent audit pronouncements and very important updates for those performing single audits and other types of compliance audits. Objectives: Implement the most recent accounting and disclosure requirements impacting not-for-profit entities Evaluate how the changes to auditing […]

Data Integrity and Security: Over 9 billion data records have been lost or stolen since 2013. With a frequency of almost 5.5 million records exposed daily, it is no longer a question of whether a firm has been compromised but more of when it will happen. Does your team have the cybersecurity knowledge and auditing […]

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 […]