Loscalzo’s Special Purpose Frameworks & Other Alternatives to GAAP (Formerly OCBOA) Date    June 25, 2013 Location    Embassy Suites Conf. Ctr., LaVista, NE Course Time 8:30 AM to 4:30 PM Registration Begins 8:00 AM Find some “relief” from GAAP standards that are costly to implement and incomprehensible to financial statement users. This program will: Explore alternatives that permit professional presentations that don’t cut corners but are cost efficient; Illustrate exactly what is necessary when preparing tax, cash or modified cash basis financial statements; Provide hard to find report, presentations and disclosure examples; and Address the SSARS 19 provisions as they relate to special purpose frameworks. Course Highlights & Objectives Participants will be able to: Address the issues unique to special purpose frameworks presentations; Determine when special purpose frameworks or special presentations are appropriate; Distinguish between circumstances when special purpose frameworks or GAAP departures are the most appropriate; Prepare financial statements on an other comprehensive basis of accounting; and Prepare special purpose presentations. When is a presentation a special purpose frameworks or a GAAP departure? Differences between cash and modified cash. Common book vs. tax differences. Tax basis financials – what to do with non-taxable and non-deductible items. GAAP disclosures - which apply and which can be omitted. Statement of cash flows - how to treat in a special purpose frameworks presentation. Using special purpose presentations. Reporting considerations. Using GAAP departures. Common special purpose frameworks deficiencies. Who Should Attend Practitioners in public practice and CPAs in industry who are responsible for the preparation of non-public, financial statements where special purpose frameworks or special purpose presentations can be beneficial. Course Level Basic Prerequisites None Course ID SPF Discussion Leader Jack Ellovich, Loscalzo Associates, Ltd. Fee $250 - Society Member $280 - Society Nonmember CPE Credit 8 Additional Information: Parking and lunch are provided on-site.