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Getting Ready for the End of Year Audit
December 10, 2019 @ 10:00 am PST - 11:00 am PST
FreeAs companies prepare for the 2019 year-end, we will review and highlight key audit issues regarding ASC derivative accounting – including the new guidance under ASU 2017-12.
After completing this session, participants will be able to identify the key areas to focus in order to effectively prepare for their year-end audit.
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Course Description:
This course dives deeper into the ASC 830 Advanced Class Part 1 concepts around inventory and deferred revenue. We will review inventory and deferred revenue consolidation t-accounts to demonstrate the potential impact to your financial statements.
Participants will be prepared to:
• Identify key risk areas in the application of derivative accounting (ASC 815)
• Review internal processes and procedures for compliance with related general GAAP requirements
• Focus efforts on SEC and auditor hot buttons
• Be prepared to proactively engage with audit teams before the close of 2019
Learning Objectives:
After completing this session, participants will be able to identify the key areas to focus in order to effectively prepare for their year-end audit.
Delivery Method: Group Internet-Based
Program Level: Basic
Prerequisites: None
Advanced Preparation: None
CPE Credit: 1
For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.