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2026 Private Company GAAP Financial Statements

Thursday, Jun. 11
 1:00pm - 4:30pm

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4.00 Credits

Member Price $160.00

Price will increase by $20 after 6/4

Non-Member Price $225.00

Price will increase by $20 after 6/4

Overview

Since the inception of FASB’s Private Company Committee (PCC), there has been a new emphasis on private company financial statements. The PCC works with the FASB to identify areas where standards for non-public entities can be easier and more manageable. This program focuses on those areas.

Objectives

  • To understand the role of the PCC
  • To learn the areas where private companies have the option to elect more simplified methods
  • To learn how to disclose PCC elections that are made

Highlights

  • Reduced disclosure requirements for private companies
  • Presentation of elements in financial statements
  • Financial instruments
  • Consolidations
  • Practical expedients in standards such as revenue recognition, leases, and CECL

Designed For

CPAs in public and private practice

Preparation

None

Notice

To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange "Launch Event" button.

Leader(s):

Leader Bios

Kenneth Heaslip, Managing Member, Kenn Heaslip Seminars, LLC

Kenn is a top-rated instructor who has been leading dynamic, interactive and informative accounting programs for over 20 years.

He has extensive experience teaching all levels of accounting, auditing, ethics, fraud, SSARS, and other practice-related subjects, and has presented to groups at all levels, from students to seasoned professionals.

Kenn’s presentations focus on practical applications and include discussions among participants, examples, and case studies.

He consistently receives high ratings and evaluations in his presentations.

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Non-Member Price $225.00

Member Price $160.00