CPAR Accounting & Financial Reporting

CPAR - 2019/November, Seg.04 - SEC Focus: From Critical Audit Matters to Non-GAAP Measures

Course Overview
The SEC has been working on a number of big picture issues, from quarterly reporting to the use of non-GAAP reporting measures to auditor independence rules. Charles Hecht, a partner at Wolf Haldenstein LLP, provides his insights into the impact of these and other securities laws issues on companies and their auditors. He also looks at the PCAOB’s recently issued guidance on independence and its implementation guide on critical audit matters, and reports on the SEC’s current enforcement activity, including one case that involved overstating company revenue.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize the current topics on the SEC's agenda;
  • Identify the key aspects of guidance issued by the SEC and PCAOB related to auditor independence;
  • Recognize the PCAOB's new requirements related to critical audit matters; and
  • Identify the benefits and concerns presented by the increasing use of non-GAAP measures.

Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1430-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

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