This six CPE hour course reviews top accounting issues: 2022 GAAP update, cost-effective cybersecurity for small businesses, and real-world blockchain applications. This course provides an overview of updates to U.S. generally accepted accounting principles (GAAP) impacting the 2022 calendar year-end reporting period. To ensure all recent pronouncements are captured, this course revisits standards issued in late 2021, to alert readers to changes that could impact their reporting. Discussion will also be provided on existing standards originating from the FASB’s Private Company Council and how these can streamline reporting requirements. This course is also designed to assist accountants and auditors who are working with small businesses. The course assumes that there will be a limited budget for implementing cybersecurity internal controls for a small business. It will also discuss working directly with small business owners and bookkeepers, and some of their resistance to formalized internal controls. Since an effective risk assessment is necessary to develop internal controls, cyber fraud risks specific to small businesses will also be covered. Finally, the course will review real-world applications for blockchains. Many people have heard of blockchains but are not sure what they are or how they work. You might know that blockchains are used for cryptocurrency transactions, but are you aware of the other business and accounting uses for blockchain technology? This course explores current and possible future uses for blockchain technology in businesses, government entities, and in the accounting and auditing profession. Examples of how blockchains work will be provided.
This course is excluded from the following subscription programs:
Value Pass, Self-Study Package, Webinar Package, Self-Study & Webinar Package, and Firm Package.
Instructors
Robert K Minniti
DBA, CPA, CFE, Cr.FA, CVA, MAFF, CFF, CGMA, PI
Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona.
Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix. He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College.
He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, cyber security, privacy laws, data security, Sarbanes-Oxley compliance work and business consulting. In addition to his practice Dr. Minniti is an instructor teaching continuing professional education classes for a variety of providers and CPA Societies.
Dr. Minniti is currently serving as a board member on the National Association of Certified Valuators and Analysts' (NACVA) Litigation Forensics Board (LFB) and as a committee member on the Arizona State Board of Accountancy's Law Review Advisory Committee.
Lewis R. Fisher
Lewis R. Fisher is a partner with Moss Adams, LLP in the Automotive & Dealer Services Group, with over 20 years of experience of private and public accounting experience. He began his career working in retail finance at a domestic dealership, and then moved to the corporate office for the largest privately held automotive group in the United States. Lewis' focus is providing assurance and consulting services to automotive dealership clients, as well as other heavy truck and equipment dealers, including those with significant rental operations. He has experience directing all phases of assurance engagements, working with a mix of SEC clients and large privately held clients. He is a member of the American Institute of Certified Public Accountants and the Texas Society of Certified Public Accountants.