Common Sense CFO: Dealing with Ever Changing Accounting Standards and Strategy Demands

Overview

GAAP is changing at an increasing rate. Every successful organization has a sound strategy. Financial leaders are faced with the dual challenge of navigating evolving accounting standards while strategically guiding their organizations toward sustainable growth and profitability. What are the newer accounting changes that will impact professional accounting? This seminar will equip finance professionals with the critical skills and practical insights needed to effectively manage the complexities of ever-changing accounting standards and upgrade your essential strategic planning skills. Strategic skills are mandatory today. Strategies that do not keep pace with the market are doomed to fail. If we do not keep up, our successor will.

Highlights

• Understanding the modern finance and accounting organization chart
• GAAP accounting changes
  • Why so many changes?
  • The speed of change and complexity
  • Accepting reality
  • Recognizing and fixing the top five accounting problems and errors
    • Leases
    • Revenue
    • Management estimates
• Why is strategy necessary?
  • What is strategy?
• The two keys to strategy?
  • Why do some financial leaders lack strategic skills?
  • Balancing strategy with our day-to-day roles

Prerequisites

None

Designed For

Current and aspiring CFO’s and Controllers and/or Finance related professionals involved in teh budget process

Objectives

• Equip finance professionals with the critical skills and practical insights needed to effectively manage the complexities of ever-changing accounting standards
• Upgrade your essential strategic planning skills

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.