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UID:70@vrakascpas.com
DTSTART:20210916T073000Z
DTEND:20210916T093000Z
DTSTAMP:20210831T210044Z
URL:https://vrakascpas.com/events/accounting-update-seminar/
SUMMARY:Lease and Accounting Standards Update Seminar
DESCRIPTION:After many years of deliberations and delays\, the FASB’s new
  standard related to leases\, ASC 842\, is ready for adoption.\n&nbsp\;\n\
 nVrakas CPAs + Advisors Audit Principal\, Kara Schiller\, CPA\, will be ex
 plaining the new lease standard and providing a brief overview of recently
  issued FASB Accounting Standards Updates (ASU) as they relate to small an
 d mid-size businesses.\n\n&nbsp\;\nThe below topics will be discussed:\n\n
 \n 	Distinguish between the two types of leases under the new lease standa
 rd\, ASC 842\n 	Learn how various lease terms {such as renewal options and
  escalating rents} impact the accounting for leases under ASC 842\n 	Under
 stand the expanded disclosure requirements and the timeline for transition
  to ASC 842\n 	Determine the next steps for your organization to be prepar
 ed to implement ASC 842\n 	Become familiar with reference rate reform (ASC
  848) and the related effective dates\n 	Discuss effective date changes fo
 r the FASB’s credit loss standard\, ASC 326\n\n&nbsp\;\nAbout Kara: \nK
 ara joined Vrakas in 2021 with over 15 years of experience performing and 
 managing audit and review engagements of private\, middle-market clients\,
  with a focus on financial institutions and real estate.\n\nWorking within
  the audit department\, Kara serves as the firm’s technical assurance an
 d quality control principal. Her responsibilities include assisting the as
 surance team with risk assessment strategies and audit methodology. She wo
 rks closely with our teams to communicate the relevant technical guidance 
 and implementation techniques for new audit or accounting standards.\n\nIn
  addition\, Kara leads our internal and external peer review process. She 
 maintains the firm’s quality control document\, including updates for re
 gulatory requirements and best practices. Kara also provides technical sup
 port on research matters and keeps the firm up-to-date on new FASB pronoun
 cements\, ASU’s\, SSARS\, and AICPA ethic matters.\n\nYou will have the 
 option to attend in person or virtually! Whatever works best for your sche
 dule.\nCPE available upon request \nAgenda: \n\n 	Registration and Conti
 nental Breakfast - 7:30 a.m. to 8:00 a.m.\n 	Presentation - 8:00 a.m. to 9
 :30 a.m.\n\n&nbsp\;
CATEGORIES:Accounting Update,Seminar,Virtual Sessions
LOCATION:Brookfield Conference Center\, 325 S Moorland Rd\, Brookfield\, WI
 \, 53005\, Waukesha County \, United States
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