Accounting

Topic 842 – Implementing Leases Workshop

This updated course offers an in-depth look at the FASB leases standard (ASC 842), which requires organizations to recognize lease assets and liabilities on the balance sheet. This comprehensive course will cover recognition, measurement, presentation, and disclosure requirements, while also focusing on a critical area of change which is the proper identification of a lease using a principles-based approach. We will discuss implementation requirements from both the lessee and lessor accounting models.
In addition, we explore a variety of scenarios, including short-term leases, purchase options, variable lease payments, and re-measurement. This course offers practical journal entry examples and lessons learned from implementation, while exploring recently issued amendments to the lease accounting guidance.

The Impact of Environmental, Social, and Governance (ESG) Related Matters on Financial Statements and Audits

Environmental, social, and governance (ESG) has become an area of increasing focus. ESG reporting includes a broad spectrum of quantitative and qualitative information. Interested parties seek to understand the effects of relevant ESG matters on an entity’s business strategy, cash flows, financial position, and financial performance. This course will focus on the impact of ESG-related matters on the fair preparation of financial statements and related disclosures, and the related financial statement audit considerations.

Federal Individual Income Tax Update (LITX26/26)

Stay ahead in the ever-evolving world of tax regulations with this course designed for tax practitioners. Dive deep into the complexities of Form 1040 and review the latest tax legislation. Learn about new credits and deductions, understand income exclusions, and gain practical insights for optimizing benefits for your clients.

Enrolled Agent Approved

Businesses Receiving Government Assistance (LIAA16)

Many for-profit entities receive government assistance or are required to have financial statement or compliance audits due to law or regulation. This course will discuss the requirements under Generally Accepted Auditing Standards relevant to for-profit entity audits.

FASB Update (LIAA05/26)

Thinking Like an Auditor When Preparing Your Financial Statements (LIAA01/26)

External auditors understand concepts like materiality, reasonableness, and risk of material misstatement. This course will explain how to think like an auditor when preparing and fairly presenting your financial statements and related disclosures. Discussion Leader: Jennifer Louis

What’s Going on at the FASB (LIAA14/25, LIAA34/26)

Manufacturing Accounting (LIMG08/25)

Explore the relevance of standard cost accounting in today’s dynamic manufacturing landscape with Ivan Chirolla, an expert in financial management and cost systems. This engaging course for CPAs delves into modern challenges, evaluates the role of standard costing, and provides actionable insights for optimizing financial strategies in manufacturing. Stay ahead of industry trends and enhance your expertise! Discussion Leader: Ivan Chirolla

How to Audit- Inventory (LIAA29/24, LIAA19/25)

Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory.

During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation.
Discussion Leader: Jaclyn Veno

How To Audit Cash (LIAA28/24)

Cash is essential to every business, and is often one of the first accounts audit staff are exposed to. This course will cover the basics of auditing cash, including the related audit assertions, risks, & threats to the cash balance.

During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
Discussion Leader: Jaclyn Veno

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