Accounting Update
Date: Thursday, March 10, 2016Time: 03:00 PM ET / 02:00 PM CT / 01:00 PM MT / 12:00 PM PT [Prevailing Time]
Presenter: James Edward (Ed) Grossman, Principle, CliftonLarsonAllen LLP
Moderator:
Learning Objectives:
• Review of relevant guidance from the Financial Accounting Standards Board (FASB) that recently became effective or that will soon require implementation
• Recently issued accounting guidance addressing topics such as revenue recognition, financial instruments, and leasing
• Emerging issues and outstanding exposure drafts of possible new standards
Field of Study: Accounting
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
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Course Description
This presentation will familiarize participants with current accounting standard setting activities, with emphasis on topics that might impact cooperatives and users of their financial statements. Session content will address recently issued or effective authoritative literature impacting accounting and financial reporting. Discussion topics will include: • Review of relevant guidance from the Financial Accounting Standards Board (FASB) that recently became effective or that will soon require implementation • Recently issued accounting guidance addressing topics such as revenue recognition, financial instruments, and leasing • Emerging issues and outstanding exposure drafts of possible new standards
Presenter and Moderator Bios
Presenter: James Edward (Ed) Grossman, Principle, CliftonLarsonAllen LLP
Ed is a principal with CliftonLarsonAllen having over 30 years of experience in public accounting. Based in Lakeland, Florida, Ed is a member of the firm’s National Assurance Technical Group. His primary responsibilities include being a technical resource for the audit and assurance practice and performing quality reviews of assurance and accounting engagements. Technical expertise Practice experience has included providing accounting and assurance services to clients in a variety of industries including agriculture, financial services, manufacturing, benefit plans, and not‐for‐profit entities. A frequent speaker on subjects related to accounting, assurance, and professional ethics. Ed has been recognized as an outstanding discussion leader in each of the past nine years by the Florida Institute of Certified Public Accountants. In addition to being a Certified Public Accountant (CPA), Ed achieved the Certified Fraud Examiner (CFE) designation in 1994, the Certified Management Accountant (CMA) designation in 1988, and the Chartered Global Management Accountant (CGMA) designation in 2012. Education/professional involvement Bachelor’s of science (summa cum laude) in accounting from Florida Southern College American Institute of Certified Public Accountants o Past member, PCPS Technical Issues Committee o Past member, Auditing Standards Board Technology Issues Task Force Florida Institute of Certified Public Accountants o Continuing Education Committee o Mega CPE Conference Planning Committee o Past member and chairman, Peer Review Acceptance Committee Association of Certified Fraud Examiners Institute of Management Accountants
Cost$56.00 for NSAC Members / $70.00 for Non-Members
Delivery System
- All programs are delivered using the Zoom platform.
- Confirmations will include log-in instructions.
- Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
- All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
- There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.
Registration
All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.
Refund Policy
NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.
Additional Information
Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.
For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.