CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

Accounting Policies, Changes in Accounting Estimates and Errors

4 (63)

Michel Morley

Mike Morley

Friday, May 21, 2021 | 10:00 AM EDT

  • CMA
  • CPA (US)
  • CVA
  • CFE

2 Credits

FREE

Subject Area

Auditing

Webinar Qualifies For

2 CPE credit of Auditing for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPE credit for Certified Internal Auditors (CIA)

2 CPE credit for Certified Fraud Examiners (CFEs)

2 CPE credit for Internal Audit Practitioner (IAP)

2 CPE credit for Qualification in Internal Audit Leadership (QIAL)

2 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

2 CPD credit (Verifiable) for CPA/CFF

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

passive activity loss limitations: working with the complex pal rules & real estate tax issues

(1)

Aug 02, 2021 | 09:00 AM EDT View Details

hiring professional fundraising consultants

Aug 02, 2021 | 09:00 AM EDT View Details

auditing remotely: using current technologies, techniques and methodologies to ensure proper audits during covid-19 pandemic

(1)

Aug 02, 2021 | 09:30 AM EDT View Details

manage your tax bill for 2020 and beyond!

(65)

Aug 02, 2021 | 09:30 AM EDT View Details

corporate external financial reporting decisions

(1)

Aug 02, 2021 | 10:00 AM EDT View Details

everything you need to know about partnerships

(2)

Aug 02, 2021 | 10:00 AM EDT View Details

basis calculations & distributions for pass-thru entity owners schedule k-1 analysis (latest)

(7)

Aug 02, 2021 | 10:00 AM EDT View Details

excel accountant: pivot tables for data analysis

(1)

Aug 02, 2021 | 10:00 AM EDT View Details

quickbooks: tricky & complex situations for advance learners

(31)

Aug 02, 2021 | 10:00 AM EDT View Details

12 powerful tax saving strategies for your small business owner clients

(6)

Aug 02, 2021 | 10:00 AM EDT View Details

forecasting in a time of uncertainty

(1)

Aug 02, 2021 | 10:00 AM EDT View Details

financial modeling using excel

Aug 02, 2021 | 10:30 AM EDT View Details

fraud update - latest

(7)

Aug 02, 2021 | 11:00 AM EDT View Details

yellow book boot camp – introduction to nfp and governmental accounting & auditing

Aug 02, 2021 | 11:00 AM EDT View Details

best overview on individual tax updates latest (basic)

Aug 02, 2021 | 11:00 AM EDT View Details

Course Description

IAS 8 prescribes the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates, and corrections of errors. When there is no specific standard that applies to a transaction, other event or condition, IAS 8 requires that Management apply judgment. But just exactly how do you do it?

Guessing will not suffice, nor will management’s insistence on adopting a significant change. Therefore, knowing if the criteria to be applied are acceptable under IAS 8 is critical to satisfying the auditor and management to proceed with changes in accounting policies, changes in accounting estimates and corrections of prior period errors, that do not contradict IFRS.

This online CPE webinar covers following key topics:

  • Dealing with a change in accounting estimate.
  • Accounting for prior period errors.
  • Examine the guidelines for categorizing items in the financial statements.
  • Handling transactions when there is no specific standard that applies.
  • Review disclosure requirements.

Recommended for:

This Accounting CPE webinar is for accounting professionals, bookkeeping staff and auditing professionals interested in learning about fundamental of Accounting, 

Learning Objectives

  • To know the rules for selecting and applying accounting policies.
  • To discuss the rules regarding when an entity can change its accounting policy.
  • To be familiar with financial statement presentation.

Who Should Attend?

  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Auditors
  • Certified Fraud Examiner
  • Certified Management Accountant
  • Certified Valuation Analysts
  • CFO/Controller
  • Chief Accounting Officer
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Fraud Analyst
  • Fraud Examiner
  • Fraud Investigator
  • Others
  • Young CPA

Testimonial

Array
(
    [no_of_record] => 63
    [average] => 4.0476
)
 

4

(63)
41%
32%
19%
6%
2%

FR

Very good webinar. Topics were discussed in depth and in a clear manner.

KM

Great

MB

This webinar was full of information! I really learned a lot. My company has not undertaken any accounting changes since the Lease accounting changed, but you never know when you will need to know these things.

JP

Good.

DC

The polling questions, the correct answers were not given on some of them, so you didn't know if you got the answer correct.

JP

lots of good information