FASB and AICPA Update - Connecticut Society of CPAs

Overview

For over 30 years, the FASB and AICPA Update has been the most popular course among all of our seminars. This course is a must to keep professionals on top of the continuing changes in the accounting profession. Whether these changes are in accounting technical standards or professional standards, the course authors will provide practical guidance including standards’ review and implementation guidance where appropriate.

Objectives

Participants will be able to apply the changes and discuss the issues surrounding recently issued accounting, auditing, preparation, compilation and review pronouncements, and relevant proposals.

Highlights

This program focuses on all things the accounting professional should be aware of including:

Accounting standard updates (ASUs)
FASB projects
Audit service issues
ARSC initiatives, preparation, compilation and review updates, and initiatives
AICPA activities and profession update

Designed For

All accounting and financial professionals needing a comprehensive, year-round update on recently issued standards.

Prerequisites

Basic audit and accounting course or experience

Notice

By registering for this program and, accordingly, receiving the eMaterials, you're acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Section on auditing standards qualifies for the 24-hour Yellow Book requirement. Section on specific accounting standards qualifies for the 24-hour Yellow Book requirement if an auditor has FASB Yellow Book clients. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor's Yellow Book clients. Note that the determination of course qualification is a matter of an auditor's professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.

Fees

Credits

Specialized Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Kenneth Heaslip, Managing Member, Kenn Heaslip Seminars, LLC

Leader Bios

Kenneth Heaslip, Managing Member, Kenn Heaslip Seminars, LLC

Kenneth Heaslip, MS, MBA, CPA

Kenn has taught accounting since 1983.

•35 years with Becker CPA Review, including years as an author, editor-in-chief, and national director responsible for all course material and instructor training. •20+ years as a college professor at Seton Hall University, Kean University, Bloomfield College, Rutgers University, Stevens Institute, and Queens College. •20+ years teaching CPE for Loscalzo Associates, Smart Pros, and Kaplan •20+ years writing and developing CPE programs

Kenn’s unique ability to present complicated material in an easy-to-understand way, has earned him high ratings and awards, including the 2024 myCPE award as a Top Educator and Content Creator. His presentations focus on practical applications and include discussions among participants, examples, and case studies.

As a public accounting practitioner his entire career, Kenn understands the challenges of preparing and auditing financial statements. He brings to his presentations a practical approach in handling complicated and difficult standards. In presenting them. He focuses on areas that practitioners will most likely encounter and how to navigate through detailed, and difficult to understand rules.

Kenn is currently a Director at Cullari Carrico, LLC, a regional CPA firm in metropolitan New York City.

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