Tax Basis and other Special Purpose Frameworks
-
(Check-In 8:45am EST)
Virtual
4.00 Credits
Member Price $219.00
Non-Member Price $309.00
Overview
There is a renewed interest in the Statement of Cash Flows. In the past 10 years, over 30% of restated financial statements were due to errors in the Statement. The SEC has focused on it, Peer reviewers are noting problems, and the FASB has begun a project on it. This course focuses on where the problems are and where there is diversity in practice.
Highlights
• The format of the Statement of Cash Flows • How to identify cash flows from accrual financial statements • How to classify cash flows between operating, investing and financing • Direct vs. Indirect methods • Disclosure requirements • Non-cash transactions.
Designed For
CPAs in public and private practice
Objectives
• To gain the ability to critically read a\the statement of cash flows • To learn how to properly distinguish between operating, investing, and financing cash flows • To learn the importance of disclosing non-cash transactions
Leader(s):
Leader Bios
Kenn Heaslip, Kenn Heaslip Seminars, LLC
Kenneth Heaslip, licensed as a CPA in New Jersey, has extensive experience teaching all levels of accounting, auditing, and in other practice-related areas. He is an active member of the NJCPA, where he has served in positions such as Vice President, Trustee Chapter President, Committee Chair, and Task Force Chair. Kenn currently serves on the NJCPA Professional Conduct Committee and is a Director at Cullari Carrico LLC, a regional CPA firm in Northern New Jersey. Kenn has been a Professor of Accounting at several universities including Seton Hall, where he was the students’ choice as “Educator of the Year” two years in a row, and in the Executive MBA program at Rutgers University. In addition, he was the National Director of the Becker CPA Review. Kenn earned his BA from Rutgers University and has an MS in Taxation and MBA in Finance from Seton Hall University
Non-Member Price $309.00
Member Price $219.00