Financial Performance Reporting : Changes To Know WEBCAST
Overview
In July 2010 FASB issued a draft Exposure Draft on Financial Statement Presentation. This document proposed significant changes to the Balance Sheets, Income Statements and Statements of Financial Position for all companies. Major push-back from Corporate America encouraged the removal of this topic from FASB’s active agenda and its conversion to a research project entitled Financial Performance Reporting. The project still has life. This course reviews the current conditions that resulted in this unusual proposal and its initial reception by the financial reporting community. Although FASB has not established a timeframe for the issuance of a final pronouncement, the approach presented offers a unique alternative to financial reporting. Join us in a dynamic and thought-provoking session as we learn to think differently about financial reporting.
Highlights
Reformatted financial statements overview. Status of accounting’s perfect storm. Four cases.
Prerequisites
Working knowledge of financial statements and how to read them.
Designed For
CFOs, controllers and other financial managers.
Objectives
Review the content of the proposed reformatted financial statements. Understand what led to these changes.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
William O'Brien, Lecturer-Dept. of Accounting, Santa Clara University
William F. O’Brien, MBA, CPA, is a financial management consultant and educator with over 40 years’ experience. He has held senior financial management positions with Intel and ROLM and served as CFO for several emerging, high technology companies. Bill has extensive experience in corporate planning, fraud assessment, control, financial analysis, cash management, managerial accounting, and financial reporting in both domestic and international settings. Bill has served on the faculties of Santa Clara University and San Jose State University.
Non-Member Price $209.00
Member Price $159.00