MYCPE ONE

2021 GAAP, GAAS, & SSARS Updates

Quickly Update yourself on the applicable amendments introduced in 2021

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Conference Overview

Sometimes it is a little difficult to keep up with the amendments in accounting standards issued by GAAP, GAAS, & SSARS.

New, more complex accounting issues and disclosures create challenges for today’s busy financial executives.

Designed to keep you up to date on recent activity in GAAP, GAAS, & SSARS, this virtual CPE workshop will summarize recent updates in GAAP, GAAS, & SSARS introduced in 2021 year to date. The continuing education workshop will discuss the main provisions of GAAP, GAAS, & SSARS, application guidance, and information on transition and the effective dates for the new provisions.

This virtual CPE workshop is the place to go to stay current on all GAAP, GAAS, & SSARS related matters.

Completed

Continuing Education Credits

The sessions of the conference qualifies for

Qualification Credits Subject Area
Accountant/Bookkeeper/Tax Professionals 4 All
CIA 4 All
CMA 4 All
IAP 4 All
CWS 4 All
CFIRS 4 All
QIAL 4 All

Sessions

Oct 26th, 2021

Speakers:
Speaker Name
Michel Morley

Presenter
MYCPE ONE

  • 4.2
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In this CPE session, we will go through the basics of these FASB updates that apply to GAAP, after this CPE session you will have a bird’s eye view of the latest changes.

Major Topics covered will include:

  • Topic 848-10 - Reference rate reform.
  • Topic 848-20 - Contract modifications.
  • Topic 848-30 – Hedging
  • Topic 848-40 - Fair value hedges
  • Topic 848-50 - Cash flow hedges
  • Update 2021-02 – Franchisors and Revenue from contracts with customers
  • Update 2021-03 – Intangibles Goodwill and others
  • Update 2021-04 – Changes in fair value

Learning Objectives

  • To examine the background and scope of each topic.
  • To determine the specific items targeted by each amendment.
  • To discuss the applicable new accounting treatment for each amendment.
  • To describe the effect of the amendments.
  • To review additional disclosure requirements.

Other Details

Subject Area

-

Course Level

Basic

Instuctional Method

Group Internet Based

Pre-requisites

-

Advance Preparation

-

Speakers:
Speaker Name
Michel Morley

Presenter
MYCPE ONE

  • 4.2
  • rating
  • rating
  • rating
  • rating
  • rating

In this online CPE session we will go through the basics of the GAAS and SSARS updates, after attaining this CPE session you will have a bird’s eye view of the latest changes.

Major Topics covered will include:

  • GAAS updates
  • Auditing standards 142 – Audit evidence
  • Auditing standards 143 - Auditing accounting estimates and related disclosures
  • SSAE 21 - Standards for attestation engagements
  • SSAE 22 - Standards for review engagements
  • AR-C Section 60 - engagements for accounting and review services
  • AR-C Section 70 - Preparation of financial statements
  • AR-C Section 80 - Compilation engagements
  • AR-C Section 90 - Review of financial statements

Learning Objectives

  • To examine the background and scope of each topic.
  • To discuss the specific items targeted by each amendment.
  • To determine the applicable new accounting treatment for each amendment.
  • To describe the effect of the amendments.
  • To review additional disclosure requirements.

Other Details

Subject Area

-

Course Level

Basic

Instuctional Method

Group Internet Based

Pre-requisites

-

Advance Preparation

-

Session Speakers

Elevate Your Career with Michel Morley's CPE Courses at myCPE
Michel Morley

Presenter
MYCPE ONE

Oct 26th, 2021

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Frequently Asked Questions

Virtual conference with MYCPE ONE is enveloped around a theme or subject or driven towards a particular audience, and is designed to be more collaborative; with a tremendously interactive agenda, panel discussions, and gives an option to all participants being able to turn their web cameras on and participate more actively. Virtual conference offers multiple sessions over a longer time frame of more than 8 hours. Virtual conferences help build a community or initiate networking opportunities.

MYCPE ONE is seamlessly integrated with ZOOM for conducting continuing education events. Please ensure that you check the system requirements before the event starts. The system requirements are :

  • An internet connection – broadband wired or wireless (3G or 4G/LTE)
  • Speakers and a microphone (required in case of interactive sessions) – Built-in, USB plug-in, or wireless Bluetooth
  • A webcam or HD webcam - built-in, USB plug-in (required in case of interactive sessions)
  • CLICK HERE to view the System Requirements for Zoom.

There is an official break scheduled for this workshop/events. Other than the scheduled break, the in-session breaks shall be available at discretion of the speaker.

The MYCPE ONE virtual events are designed to impart education around a specific theme or subject from a basic to an advanced level, which is why we do not recommend you to leave the event in between. However, if you had to leave the event because of some unforeseen circumstances, you would be granted the credits for the sessions that you attended completely and wherein you answered all the polling questions.

The recording of the event can be made available to you, on request. You can reach out to us at support@my-cpe.com or can also let us know through live chat support if you need a recording for this event. However, the recording shall not be available for Continuing Education Credits.


During every conference the chat panel shall always be open. You can mention the issue faced by you in the chat panel and our moderator will take it up for resolution shortly. You can also reach out to our support team in the live chat support or at support@my-cpe.com