2026 10 22 - Update of the changes in US GAAP for SMS, in the AICPA’s FRF for SMEs, and in the Tax and Cash FRFs and a review of the common mistakes made by CPAs in the preparation of financial statement for SMEs.

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.  This is by far the best update and refresher course of accounting standards for SMEs … Guaranteed!