JN Productions is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417 or by visiting the web site: www.nasba.org
Format: Online. (Printed book available for addl. $20.00 plus s/h.)
Prerequisites: None
Level: Basic to Intermediate
CPE Credit: 16 Hr. Accounting & Auditing
Price without printed book: $129.00
Price with printed book: $149.00 plus s/h
Course expiration: You have one year from date of purchase to complete the course.
Course Description:
This course is divided into three sections: The purpose of Section I is to review unusual reporting and disclosure issues that develop in practice including questions such as how to disclose life insurance, leases, catastrophes, agreements not to compete, and investments. Section II deals with how to disclose and present OCBOA financial statements. Section III is a section devoted to reviewing a series of the most recently issued FASB EITF consensus opinions. Section IV deals with revenue recognition issues covered by SAB 101.
Learning Objectives:
After studying this course you will be able to:
1. Identify and report unusual reporting and disclosure issues that develop in practice including questions such as how to disclose life insurance, leases, catastrophes, agreements not to compete, and investments.
2. Disclose and present OCBOA financial statements.
3. Be familiar with recently issued FASB EITF consensus opinions.
4. Account for revenue recognition issues covered by SAB 101.
About the Author:
STEVEN C. FUSTOLO, CPA
Mr. Fustolo is a partner with the Boston CPA firm of James J. Fox & Company and Director of the National Tax Institute, Inc. He is a frequent lecturer and author of numerous tax and accounting issues affecting closely held businesses. An AICPA author, Mr. Fustolo’s articles are regularly featured in The Practical Accountant and other publications. He is the author of Practice Issues: Compilation and Review, Accounting and Auditing Reference Guide, Everything You Never Wanted to Know About GAAP, Enron: Fraud, Deception and the Aftermath, FASB Review for Industry, and FASB, SSARS and SAS Update and Review and numerous other books and manuals. He is the recipient of several Outstanding Discussion Leader awards from many professional organizations including the New York and Florida Societies of CPAs. Mr. Fustolo’s course entitled FASB, SSARS and SAS Update and Review continues to receive accolades and is regarded as one of the top live CPE programs in the country today with ratings that average 4.91 on a scale of 5.0. Mr. Fustolo is the recipient of the Elijah Watts Sells Award (AICPA) and Silver Medal (Massachusetts) for scores received on the CPA Examination.
