2022 Business Accounting and Auditing Workshop
REGISTRATION FOR THIS PROGRAM HAS CLOSED.
Questions?
Contact Sarah Fulton, sfulton@bmf.cpa, 330.255.2468
*Note: This program is only intended for BMF staff, clients and friends of the firm. Invitation is non-transferable.
Join us for a Business Accounting & Auditing Workshop, which includes a Professional Ethics presentation that fulfills the Accountancy Board of Ohio’s 3-credit hour professional standard requirement. BMF cordially invites you and others from within your organization to join us for this complimentary program that provides key accounting and auditing updates. *Note: This program is only available for BMF staff and clients and invitation is non-transferable.
When
Wednesday, August 31, 2022
Location
DoubleTree Hilton Cleveland
6200 Quarry Lane
Independence, Ohio 44131
P: 216.447.1300
Agenda
8:30 AM – Registration & Continental Breakfast
9:00 AM – Professional Standards & Responsibilities (Ethics)
12:00 PM – Lunch
1:30 PM – Lease Standards Update
3:00 PM – Adjourn
Program Description
ETHICS
The Professional Standards & Responsibility (Ethics) update will help you gain perspective on the important basis of applying an ethical decision-making framework to issues facing finance professionals on a daily, including any changes relating to auditor independence, how it impacts the financial statements, and related audit opinions. In addition, this program examines key concepts in living out ethics in the workplace for all professionals including:
- Setting the ethical vision
- The cost and nature of ethical failures
- Elements of unethical culture
- The cost of integrity
- Building cultures of integrity
- Principles of ethical leadership
- Moral reasoning
- Ethics and diversity
- Due care
- Professional behavior
- CPA rule reminders
SPEAKER
Tiffany Crosby, CPA, CGMA, MBA
Chief Learning Officer, The Ohio Society of CPAs
CPE
Professional Standards & Responsibility – 3.0 credit hours
LEASE STANDARDS UPDATE
The Lease Standard update will provide a summary and application of the new ASC 842 lease standard, including financial reporting which will address the required disclosures and anticipated impact to debt covenants.
- Technical accounting under ASC 842
- summarizing practical expedients
- understanding the impact of application discount rates
- how to assess embedded leases
- Financial Reporting under ASC 842
- key-related disclosures
- an assessment of how the new standard impacts debt covenants
- overall benefits of the use of technology
SPEAKER
Allison Gill, CPA
Senior Manager, Bober Markey Fedorovich
CPE
Lease Standards – 1.8 credit hours
*Note: This program is only intended for BMF staff, clients and friends of the firm. Invitation is non-transferable.
Questions?
Contact Sarah Fulton, sfulton@bmf.cpa, 330.255.2468