Accounting, Auditing and Financial Reporting Conference

Tuesday, June 8 8:30am - Wednesday, June 9 12:20pm

(Check-In 8:20am)

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8.00 Credits

Member Price $269.00

Non-Member Price $394.00

Overview

This virtual conference will be held during two consecutive 4-hour days (8:30 am - 12:10 pm on June 8 & 8:30 am - 12:20 pm on June 9).

Please note that when you register for this conference you are automatically registering for both days.

This CTCPA conference discusses the most relevant issues facing the accounting profession today.

Designed For

CPAs in public practice and industry

Notice

Instructions for accessing the livestream and course materials will be sent one week before the program date.

Tuesday, June 8

General Session

8:30am - 9:30am FASB Update

Hillary Salo Technical Director, FASB

Hillary Salo

Hillary H. Salo was appointed technical director of the Financial Accounting Standards Board (FASB) and chair of the Emerging Issues Task Force (EITF) in August 2020. As technical director, she is responsible for managing the FASB’s technical accounting and research activities and staff.

Ms. Salo, who began her accounting career as a FASB postgraduate technical assistant, rejoined the organization from the New York City office of KPMG LLP, where she was a partner in the audit practice and engagement partner for a large global financial services organization.

Her KPMG career began in 2004 when she joined the company as a senior associate in the Chicago office. For the next nine years, she worked in both the Chicago and New York City offices of KPMG, spending time in both the accounting advisory services group and the audit quality and professional practice group.

Ms. Salo also served as a professional accounting fellow in the Office of the Chief Accountant at the U.S. Securities and Exchange Commission in Washington DC from 2013–15, and then returned to KPMG in New York City in 2015 as a partner.

Ms. Salo earned her undergraduate degree in business administration and her Master of Accountancy at the University of North Carolina at Chapel Hill.

Presented by: Hillary H. Salo - Technical Director, Chair, Emerging Issues Task Force of the Financial Accounting Standards Board (FASB)

More details coming soon

General Session

9:45am - 10:55am Understanding and Implementing FASB’s New Leases Standard

More info coming soon

General Session

11:10am - 12:10pm Common Peer Review Findings

More info coming soon

Wednesday, June 9

General Session

8:30am - 10:00am Update on Standards for Audits and Attestation Engagements

Michael Glynn Audit & Attest Standards Team, AICPA

Michael Glynn

Michael P. (Mike) Glynn is a Senior Manager in the AICPA Audit and Attest Standards Team. In this capacity, Mike serves as the staff liaison to the Accounting and Review Services Committee (ARSC). In addition, Mike supports the activities of Auditing Standards Board (ASB) and its subcommittees by assisting members in drafting and deliberating authoritative professional standards and interpretations.

Prior to joining the Audit and Attest Standards Team, Mike was a technical manager in the AICPA SEC Practice Section (SECPS). In that capacity, Mike supported the Quality Control Inquiry Committee (QCIC) by participating in deliberations of QCIC cases and participating in meetings with the Securities and Exchange Commission regarding the SEC’s oversight of the self-regulatory process. Prior to joining the SECPS, Mike was a technical manager in the AICPA Professional Ethics Division.

Prior to joining the AICPA in April 1998, Mike worked at Ernst & Young LLP in New York.


Mike also serves as a member of the New York State Society of CPAs’ Accounting and Review Services Committee.

Mike is a graduate of Pace University with a BBA in public accounting.

Presented by: Michael P. Glynn, CPA, CGMA - Senior Manager, Audit & Attest Standards Team, AICPA

This session will be an interactive session with a senior technical manager with the AICPA’s Audit & Attest Standards Team.  The session will include an in-depth discussion of the new auditor reporting standards – which are effective for audits of financial statements for periods ending on or after December 15, 2021.  The session will also include discussion of recently issued standards for agreed-upon procedures engagements and examinations which provide increased flexibility for practitioners performing such engagements as well as other recently issued and proposed auditing standards.

General Session

10:15am - 11:15am Risks, Uncertainties and Going Concern

More info coming soon

General Session

11:20am - 12:20pm Fraud

More info coming soon

Non-Member Price $394.00

Member Price $269.00