Upon completion of this course, you will be able to:
- Apply the new financial accounting concepts and gain a working knowledge of accounting rules as they apply to leases
- Revisit fundamental managerial accounting concepts that may not be part of your daily routine
- Revisit the fundamental underpinnings of ABC and understand what types of business entities may benefit from ABC as well as recognize limitations of ABC
- Understand what factors allowed certain frauds to occur and recognize what internal controls may have prevented the frauds
This compilation of timely topics has been designed with the CFO, internal controller and in-house accountant in mind. We will explore the latest regulations and implementation issues of Topic 842, revisit managerial accounting techniques that may have been forgotten but could be invaluable for the internal accountant, provide a refresher of activity-based costing and determine if ABC could be right for your organization, and wrap up with internal controls and fraud prevention.
Prerequisites:
Basic working knowledge of internal control accounting
Advanced Preparation:
None
PRICING DETAILS
Register early to take advantage
of the best price! Please note, discounted pricing is already reflected in the
online price. No promo code is needed.
Through August 27: $289 MICPA Members
/ $439 Non-Members
August 28 - September 10: $309 MICPA Members / $459
Non-Members
September 11 - September 27: $329 MICPA Members / $479
Non-Members
- Topic 842: Recognition and measurement of lease assets and liabilities; Impact on lessors and lessee; Disclosures and transition rules; Effective dates
- Managerial Accounting Tools: Target profit and break-even analysis; Relevant costs and decision-making; Standard costs and variances; Segment reporting and analysis
- Activity-Based Costing: ABC versus traditional costing; Determining predetermined overhead rates; Activity-based reporting and management
- Fraud and Internal Controls: Tips on how to prevent fraud with proper internal controls
CPAs in public practice or members in industry seeking a current financial accounting and reporting updates with particular emphasis on closely held reporting entities
- Accounting
- Christopher J. Harper
Member
Non-Member