Virtual

A&A Virtual Conference (2023)

Date: Nov. 16 - 17, 2023

Time: 8 a.m. – 12:30 p.m. PT

CPE: 10

Overview

The A and A landscape is changing and evolving. As a CPA, you need to stay on top of the newest information and get the highest quality updates possible, from revenue recognition to lease accounting to emerging technologies and changing standards. At this event, top industry experts will comprehensively update you on the latest issues and emerging trends impacting your work.

Product Code
1000002510
Credit Type
CPE: 10
CPE-AA: 8.5
CPE-Non-Technical: 1
CPE-Technical: 9
Format
Virtual
Intended Audience
CPAs, accountants and auditors seeking technical A&A updates from leaders in the profession.
NASBA Field of Study
Accounting
Level of Difficulty
Update
Prerequisites
General working knowledge of GAAP and compilation, review and audit standards.

Learning Objectives

Identify how new pronouncements, standards and implementation deadlines will impact your business.

Determine critical changes in the accounting environment.

Explore emerging trends in accounting and auditing.

Agenda

Welcome

AICPA Update: Transforming the Global Profession
This session will delve into critical topics including navigating the Human Resources Pipeline and effective strategies practitioners can implement to address staffing shortages. Gain valuable perspectives on how to optimize workforce management and ensure continued success in the evolving landscape of accounting and auditing.
Speaker(s)
Susan S. Coffey

CECL: How to Audit Reasonable and Supportable ASC 326 Forecasts
This session will provide actionable guidance to effectively audit forecasting methods, ensuring compliance and robust risk assessment within the evolving financial landscape.
Speaker(s)
Amber Sarb

PEEC Update: Independence and Ethics
This session will provide an update on the AICPA PEEC independence and ethics activity. Review recently effective guidance and adopted guidance. Discuss current projects that PEEC has taken on, including recent exposure drafts. Additionally, will provide an overview of available resources to assist members in understanding and complying with the AICPA Code of Professional Conduct.
Speaker(s)
Anna Dourdourekas

Break

Deep Dive on ASC 842 for Leases
This session will provide an open forum to explore and address the common pitfalls encountered during client adoption of ASC No. 842. Gain valuable strategies on how to navigate challenges effectively and ensure successful implementation of lease accounting standards.
Speaker(s)
Mike Cheng

FASB Update
Delve into the intricacies of ASC 326 Credit Losses and its impact on non-financial institutions. Additionally, explore the complex world of accounting for cryptocurrencies, gaining valuable perspectives to effectively navigate accounting standards within a rapidly evolving financial landscape.
Speaker(s)
Jenifer Wyss Tiffany Wyszkowski

Break

ASB/ARSC Update
Explore the latest updates on standards ASB 143-149 and explore the analytics procedures practice aid. Engage with industry leaders as they dissect critical developments, equipping you with the knowledge needed to enhance your A&A expertise in a rapidly evolving professional landscape.
Speaker(s)
Ahava Goldman Michael P Glynn

Welcome

Quality Management Standards Implementation Plan
This session will focus on SQMS 1 and 2, explore SAS 146, and explore SSARS 26. Gain practical strategies to ensure quality and compliance in your practice while effectively implementing these vital standards.
Speaker(s)
Sara Lord

Partnership Accounting Issues
Gain valuable strategies and insights to navigate the intricacies of partnership accounting and ensure accurate financial reporting within the realm of partnerships. This session will provide expert guidance on effectively accounting for partnership ventures.
Speaker(s)
Thomas J. Groskopf

Break

Accounting Options for Government Assistance
This session will uncover reporting requirements and fiscal recovery funds, providing valuable insights into effectively accounting for government assistance in a complex regulatory environment. Gain practical strategies to ensure compliance and accurate financial reporting within the context of government assistance programs.
Speaker(s)
Danny Martinez

Audit Failures: Protection from Professional Liability
Designed for CPAs, accountants, and auditors seeking technical insights, this session will provide valuable strategies to navigate and mitigate audit risks, ensuring the highest standards of professional conduct in your practice.
Speaker(s)
Nancy Reimer

Break

You Want Me to Certify What?!!
It’s common for clients to ask their CPA to “certify” information, whether it’s for a bank loan application or a form that will be submitted to a regulator. These situations can be complex and very urgent, and it’s not always clear which AICPA professional standards are applicable to the situation. This session will explain the appropriate AICPA professional standards and certain requirements that may be overlooked.
Speaker(s)
Jeremy Lovell Dillard

NOCLAR: What Changed? Why Now? Plus Some Fraud “Nuggets”
This session highlights recent pronouncements regarding how to address noncompliance with laws and regulations (“NOCLAR”); provides some background regarding the development of the pronouncements; shares some context regarding the requirements; offers risk management perspectives on how best to respond to NOCLAR; and offers tangentially related guidance regarding fraud prevention and detection. The presentation incorporates lessons learned from CAMICO’s nearly four decades defending CPAs from claims, and provides important “dos and don’ts” to protect CPAs and their clients.
Speaker(s)
Duncan Baker Will

Faculty

Mike Cheng

As a Partner in Frazier & Deeter’s Assurance and Advisory Practice, Mike Cheng oversees the firm’s professional practices related to accounting and audit. As part of this role, he specializes in assisting clients with complex accounting and financial reporting issues. Before joining the firm, Mike was a Senior Project Manager at the Financial Accounting Standards Board (FASB). At the FASB, he served as the Private Company Council (PCC) Coordi...

More about Mike Cheng

Susan S. Coffey

Susan S. Coffey, CPA, CGMA is Chief Executive Officer of Public Accounting at the Association of International Certified Professional Accountants. Sue leads the Association's strategy to advance public accounting domestically and globally as well as strengthen the pipeline and competencies of U.S. licensed CPAs. Sue sets strategy for the Association's assurance, advisory, tax and practice management initiatives in the U.S. and abroad. Her most...

More about Susan S. Coffey

Jeremy Lovell Dillard

Jeremy is a national award-winning CPA who helps entities present high quality financial statements to lenders, investors and donors so they are positioned for success. He has experience serving privately held and publicly traded companies in the manufacturing, wholesale distribution, real estate and service industries as well as not-for-profit organizations.Jeremy is a current member of the AICPA Auditing Standards Board (ASB) that issues the...

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Anna Dourdourekas

Anna is the partner in charge of Grant Thornton LLP’s independence and ethical standards. She is currently managing over 90 professionals in the U.S. and Bangalore, India who conduct research, perform relationship checking for audit and nonaudit services and business relationships, monitor personal compliance, and consult on independence and ethics matters. She has been involved with the AICPA Ethics Division in various capacities, such as ser...

More about Anna Dourdourekas

Michael P Glynn

Michael P. (Mike) Glynn is an Associate Director 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 St...

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Ahava Goldman

Ahava Goldman is an Associate Director with the Audit and Attest Standards team at the AICPA. Ahava is the staff liaison for the AICPA Auditing Standards Board and supports their standard-setting activities. Ms. Goldman served as a Technical Advisor on the International Audit and Attest Standards Board from 2015-2019. She has presented on auditing standards at conferences in 40 states and the District of Columbia. Previously, Ms. Goldman was a...

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Thomas J. Groskopf

Tom is a nationally recognized authority on accounting and auditing topics. He has been selected by his peers to serve on numerous national and international standard-setting committees, and is service line leader for Barnes Dennig’s accounting and audit practice.Accounting Today named Tom to the list of the Top 100 Most Influential People in Accounting. This honor recognizes Tom’s leadership of the Center for Plain English Accounting, a key p...

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Sara Lord

Sara Lord is a partner and chief auditor of RSM US LLP. She is responsible for oversight of the audit policy, accounting policy, quality management, audit innovation and audit technology departments. This includes the methodology, tools, training and thought leadership supporting RSM’s assurance services as delivered today and their evolution into the future. Sara is also a member of the RSM US LLP Board of Directors, providing governance and ...

More about Sara Lord

Danny Martinez

Danny Martinez, CPA, CGFMDirector, Cherry Bekaert Advisory LLCBS in Accounting, University of Southern California

More about Danny Martinez

Nancy Reimer

Nancy Reimer is a Partner in Freeman Mathis & Gary's Boston office. She is a member of the Firm’s executive Committee, Chairperson of the Firm's Professional Liability/Errors & Omissions, and Chair of Accountants Liability National Practice Team and Lawyers Professional Liability Team.Ms. Reimer focuses on a wide range of complex commercial litigation in federal and state courts, including trials and appeals, alternative dispute venues, grand ...

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Amber Sarb

Amber Sarb, CPA, is a Senior Manager in RSM’s National Professional Standards Group based out of Chicago. In this role, Amber focuses on audit quality, industry research, tools, and training specific to the Financial Institutions practice, which includes both public and private banks, credit unions, mortgage companies, finance and leasing companies, and other specialty lenders. She has specifically been involved in the development of firm tool...

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Duncan Baker Will

Duncan B. Will, CPA/ABV/CFF, CFE — Loss Prevention Director/Accounting & Auditing SpecialistMr. Will leverages his more than 40 years of experience in accounting, including public accounting, forensic accounting, consulting, and audit and tax compliance, to deliver to policyholders the high-touch, high-quality CAMICO experience. He works closely with the Loss Prevention Specialists to manage the department’s efforts to deliver policyholder ser...

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Jenifer Wyss

Jenifer Wyss is a Supervising Project Manager at the Financial Accounting Standards Board (FASB). She serves as the coordinator for both the FASB's Not-for-Profit Advisory Committee (NAC) and the Private Company Council (PCC). She is currently working on the Improvements to Income Tax Disclosures Project and a PCC research project on stock compensation disclosures. Before joining the FASB, Ms. Wyss spent 18 years in public accounting. Most of ...

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Tiffany Wyszkowski

Tiffany Wyszkowski is a project manager with the Financial Accounting Standards Board (FASB). She joined the FASB staff in January 2022 and works on projects related to crypto assets, equity securities, insurance and disclosure improvements.Prior to joining the FASB, Tiffany was a senior manager at Deloitte and Touche, LLP where she provided audit and advisory services to large global public and private companies within the financial services ...

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A&A Virtual Conference (2023)

Member

Nonmember

Overview

Product Code

Credit Type

Format

Intended Audience

NASBA Field of Study

Level of Difficulty

Prerequisites

Learning Objectives

Agenda

8 – 8:01 a.m. PT

Welcome

8:01 – 8:50 a.m. PT

AICPA Update: Transforming the Global Profession

Speaker(s)

8:50 – 9:15 a.m. PT

CECL: How to Audit Reasonable and Supportable ASC 326 Forecasts

Speaker(s)

9:15 – 9:40 a.m. PT

PEEC Update: Independence and Ethics

Speaker(s)

9:40 – 9:50 a.m. PT

Break

9:50 – 10:40 a.m. PT

Deep Dive on ASC 842 for Leases

Speaker(s)

10:40 – 11:30 a.m. PT

FASB Update

Speaker(s)

11:30 – 11:40 a.m. PT

Break

11:40 a.m. – 12:30 p.m. PT

ASB/ARSC Update

Speaker(s)

8 – 8:01 a.m. PT

Welcome

8:01 – 8:50 a.m. PT

Quality Management Standards Implementation Plan

Speaker(s)

8:50 – 9:40 a.m. PT

Partnership Accounting Issues

Speaker(s)

9:40 – 9:50 a.m. PT

Break

9:50 – 10:15 a.m. PT

Accounting Options for Government Assistance

Speaker(s)

10:15 – 11:05 a.m. PT

Audit Failures: Protection from Professional Liability

Speaker(s)

11:05 – 11:15 a.m. PT

Break

11:15 – 11:40 a.m. PT

You Want Me to Certify What?!!

Speaker(s)

11:40 a.m. – 12:30 p.m. PT

NOCLAR: What Changed? Why Now? Plus Some Fraud “Nuggets”

Speaker(s)

Faculty

Sponsors

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