2026 - Tax Basis and Other Special Purpose Frameworks
Online
4.00 Credits
Member Price $160.00
Price will increase by $20 after 6/5
Non-Member Price $225.00
Price will increase by $20 after 6/5
Overview
GAAP has become too complex for many small and private entities. As an alternative, many entities have adopted special purpose frameworks (formerly called OCBOA). This program guides entities through the acceptable methods of non-GAAP financial statements, the advantages and disadvantages of each, and presentation of the statements and disclosures.
Objectives
- To understand when there is a need for special purpose frameworks (SPFs)
- To learn how to properly present and disclose such frameworks
- For outside CPAs in public practice, to understand the relationship between SSARS responsibilities and the financial statement framework
Highlights
- Tax basis
- Cash and modified cash
- Contractual
- Regulatory
- Financial Reporting Framework for Small and Medium sized Entities (FRF for SMEs)
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
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.
Non-Member Price $225.00
Member Price $160.00