2024 05 14 FINANCIAL REPORTING FRAMEWORKS USED BY SMALL- AND MEDIUM-SIZED ENTITIES UPDATE: THE BEST ACCOUNTING STANDARDS SEMINAR FOR PRACTITIONERS (ACSU8)

This course provides an update and review of the financial reporting frameworks commonly used by small- and medium-sized entities (SMEs); namely, the U.S. GAAP Financial Reporting Framework

principles that apply to SMEs, the tax and cash special purpose frameworks, and
the AICPA Financial Reporting Framework for SMEs. Troublesome areas in these financial reporting frameworks as identified in peer reviews and litigation will be highlighted.