2021 asc 842 seminar Archives

January 5, 2021

Financial Accounting & Reporting Update

VIRTUAL CONFERENCE

We are seeing an unprecedented level of major accounting changes from US and international standard-setters. This conference will address the latest developments in key areas. Experts from the Big Four and regional firms will lead the discussion.

LEARNING OBJECTIVES:

Understand the latest accounting changes in key areas
Recognize the timelines and key factors
Begin to assess the effects of these standards on your company or clients

REGISTRATION INFORMATION:

Cost: $695
This event will run 8:45-4:40p (Pacific Time) each day.

Register any one of three ways:
1. Register online using a credit card and click the orange button
2. Register by phone at (610) 789-3110
3. Email your contact info to be invoiced to mtarman@acslive.com

Agenda: DAY 1
8:45	10:45	SEC Update Comment Letter Themes and Trends Leadership Current landscape Rulemaking update CAQ regulations committee meeting highlights Emerging issues SEC staff comments and reminders Resources
10:45	11:00	Break
11:00	12:30	ESG Update The SOXification of ESG Understanding Risks and Opportunities A new way of thinking Report accurately and disclose transparently Create value through ESG principles
12:30	1:30	Lunch Break
1:30	2:45	SEC & Revenue Recognition Perspectives SEC Comment Letter Trends and Themes Accounting for usage-based fees Acquired Contract Assets/Liabilities from Business Combinations
2:45	2:55	Break
2:55	3:05	Cybersecurity Update: Ransomware What is ransomware? The ransomware landscape Defending against ransomware Additional considerations Key takeaways
3:05	3:15	Break
3:15	4:45	Accounting for Acquisitions Update Current state Typical transaction timeline and activities Process coordination Accounting perspective Identify acquiror, date, purchase price, allocation of purchase price Other considerations

Agenda: DAY 2
8:45	10:15	Fraud Update Corruption Other Fraud Risks Compliance and Some Suggestions The Finance Function---the canary in the coal mine
10:15	10:30	Break
10:30	12:00	SOX & Internal Controls Update Sarbanes-Oxley Act Optimization and Modernization Robotic process automation (RPA) Risk assessment ICFR areas of focus: Management review controls (MRCs) Automated Controls (ITACs) Material weaknesses Significant transactions or events Information used in the control (IUC) IT/system implementation System and organization controls (SOC) reports
12:00	12:45	Lunch Break
12:45	2:00	PCAOB Developments What to expect from standard-setting and research projects through 2023 Inspections Trends Auditor Skepticism and Fraud Independence ad Eyhical Behavior
2:00	2:10	Break
2:10	3:40	FASB Technical Agenda Update Digital Assets Segment Reporting Statement of Cash Flows Income Statement Disaggregation Emerging Issues
3:40	3:45	Break
3:45	4:40	Disclosure Trends Revenue ESG Cyber Financial Accounting Internal Controls

Conference Series Speakers Include:
Aleks Zabreyko Connor Group, Managing Partner
Alex Brosseau Deloitte, Senior Manager, Tax Policy
Debbie Biddle-Castillo KPMG, Managing Director
Meghan Depp BDO, Partner
Jamie Tolles ZeroFox, Vice President, Response
Rebecca Freeman BDO, Senior Manager - SEC Services
Jeff Schaeffer Connor Group, Partner
Kenny Gerasimov Connor Group, Manager
Vibhor Chandra Deloitte, Senior Manager
Catherine Poulsen Deloitte, Managing Director
Vid Anandkumar Deloitte, Senior Manager
Katy Rossino Deloitte, Senior Manager, National Office Accounting & Reporting Services
Sara Raquel Macferran Deloitte, Senior Manager, National Office Accounting & Reporting Services
Apoorva Bhagwat Deloitte, Treasury & Advisory Group
Cheryl Heskett Deloitte, Senior Manager, Treasury Advisory