NEBRASKA SOCIETY OF
Certified Public Accountants
SERVING NEBRASKA AND ITS CPAS SINCE 1928
Financial Reporting Update for Tax Practitioners
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Online Registration Form
Date: November 03, 2020
Location: Quarry Oaks Golf Course, Ashland
Course Time: 8:30 AM to 4:30 PM Central Time
Registration Begins: 8:00 AM
Summary
Designed for all tax practitioners, including those who prepare tax basis financial statements for their clients, this course will replenish your accounting and reporting tank with an update of recent standard setting activities at the FASB and AISCPA. The course will focus on the FASB's ASB and ARSC, including the new revenue recognition, lease, and financial instruments and other significant new accounting standards, with a focus on how these new Updates will impact income tax accounting. We'll also review lessons learned from the adoption of Topic 606, focus on maintenance efforts in following the new revenue guidance, including the continuing income tax effects of the new standard. The course will focus on any changes to common book-tax temporary differences which will result from applying this new guidance and will utilize plenty of hands-on examples and illustrations to increase your overall understanding and application of the material. For tax practitioners, this is the one place to go in order to get up-to-date on what is going on in the world of financial reporting.
Objectives
* Come up-to-speed on recent standard setting activities at the FASB and the AICPA * Determine the income tax accounting impact of recently issued and proposed FASB ASU's * Be aware of auditing trends on the radar * Understand and apply the SSARS No. 21, Clarification and Recodification, relating to the preparation of financial statements and new guidance on compilations and reviews
Highlights
* Recent standard setting and consulting activities at the FASB and AICPA * Proposed updates to income tax accounting and financial statement disclosures * Tax basis financial statements * Recently issued Statements on Auditing Standards and other audit related hot topics * SSARS No. 21, Clarification and Recodification, and other recently issued and proposed SSARS
Who Should Attend:All tax practitioners desiring to remain up-to-date on recent accounting, reporting, and compilation and review activities

Course Level: Update
Prerequisites: Experience in financial accounting and reporting
Course ID: AAUP
Discussion Leader:Surgent - William Eskin
CPE Credit: 8
Additional Information: Parking and lunch are provided on-site.
Fee:
Early Bird Registration:
$265 - Society Member
$315 - Nonmember
Within 30 Days of Course Date:
$300 - Society Member
$350 - Nonmember
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7435 O Street, Suite 100
Lincoln, NE 68510
(402) 476-8482
(800) 642-6178
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