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: $545
This event will run 8:45-4:40p (PDT) 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 will be updated to reflect latest industry issues in early 2020.
| Agenda: DAY 1 | ||
|---|---|---|
| 8:45 | 10:15 | SEC Update SEC rulemaking SEC reporting reminders COVID impact Comment letter topics |
| 10:15 | 10:30 | Break |
| 10:30 | 11:45 | Accounting for Business Combinations VIEs and Consolidations Acquisition method Initial recognition and measurement Disclosures Determing fair values Goodwill and other intangible assets |
| 11:45 | 12:15 | Lunch |
| 12:15 | 1:30 | SOX & Internal Controls Update COVID 19 considerations 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 |
| 1:30 | 1:40 | Break |
| 1:40 | 2:55 | M&A and Valuation Update Impact of COVID-19 What we are seeing in the market today How valuations have been impacted Accounting considerations |
| 2:55 | 3:05 | Break |
| 3:05 | 4:50 | Revenue Recognition Update Price concessions Modifying contracts customer options and material rights Performance obligations - software industry considerations Significant financing component Principal - versus - agent considerations Contract costs Onerous performance obligations/contracts |
| Agenda: DAY 2 | ||
|---|---|---|
| 8:45 | 10:00 | Understanding Risks and Opportunities A new way of thinking Report accurately and disclose transparently Create value through ESG principles |
| 10:00 | 10:10 | Break |
| 10:10 | 11:20 | Tax Impact of Accounting Standard Changes ASC 606 & Revenue Recognition ASC 842 & Leasing Legislative Considerations Planning for future tax rates Common areas to revisit |
| 11:20 | 11:30 | Break |
| 11:30 | 12:40 | Accounting for Debt Latest fallout from COVID-19 Accounting for debt modification, exchange, conversion or extinguishment Should the debt be classified as current or noncurrent Have financing arrangements been properly presented and disclosed |
| 12:40 | 12:50 | Break |
| 12:50 | 2:20 | SPACs Market Trends SPAC transaction basics Transaction accounting considerations |
| 2:20 | 2:30 | Break |
| 3:00 | 4:30 | Cybersecurity Update Protecting personal data Smart consumer devices expanding faster than controls Personal Health and Medical Devices Ransomware |
| Conference Series Speakers Include: |
|---|
| Meghan Depp BDO, National SEC Office |
| Carly Ackerman Deloitte Consulting, Manager |
| Aleks Zabreyko Connor Group, Partner |
| Jesse Fillerup Connor Group, Technical Accounting Director |
| Kristalyn Yancy Deloitte Consulting, Senior Manager |
| Renton Squires PwC, Principal |
| Michael Cheng Frazier & Deeter, National Professional Practice Partner |
| Heather Bradshaw RSM, Central Region Accounting Methods Leader |
| Karim Anani Ernst & Young, Partner and EY Americas Financial Accounting Advisory Transaction Leader |
| Kumail Sarwar Ernst & Young, Senior Manager |
| Justin Sutherland US Securities and Exchange Commission , Senior Enforcement Accountant |
| Kellyn Shaw Deloitte, Manager - National Office Accounting & Reporting Services |
| Brad Porter Deloitte, Manager - National Office Accounting & |
| Tim Kviz BDO, National Office Managing Partner - SEC Services |
| Muazzam Malik Protiviti, Managing Director |
| Divyesh Malkan Protiviti, Senior Manager |