New FASB Developments for Business & Industry (CL4FASBI)

Date: 6/16/2008
Mandan Seven Seas
Time: 8:00 AM - 11:30 AM (Please verify this time on your confirmation.)
4 CPE Hours
$125 Member
$155 Nonmember
Add $25 after 6/2/2008
Instructor: Terrie Thamer

CPAs in corporate management will benefit from this course covering recent FASB, AcSEC, and EITF pronouncements. Gain expertise from a high-level approach to financial reporting issues backed by detailed descriptions and examples of the implementation of new standards. Your training will guide you in assessing recent FASB and AICPA standards that have a major effect on all industries and provide an understanding of the latest pronouncements and exposure drafts to enable you to develop implementation strategies.

Upon completion of this course, participants will be able to:

• Analyze recent FASB and AICPA standards that have a major effect on all industries
• Review recent pronouncement and exposure drafts to develop implementation strategies

Major Topics:

• Recent FASB, AICPA, EITF and FASB Staff Position pronouncements and exposure drafts
• Major trends in financial reporting
• PCAOB and SEC reporting requirements
• Business combinations ~ goodwill ~ variable interest entities

Fair Value Accounting
Designed For: Chief accountants, controllers, internal auditors and other management level accounting personnel within industry. Also appropriate for educators.

Level: Intermediate
Developer: AICPA
Prerequisite: Experience in financial reporting

About the Speaker:
Teresa D. Thamer, CPA, CFE
Teresa D. Thamer (Terrie) is an Associate Professor at Brenau University and has been a faculty member at several other universities, teaching undergraduate and graduate financial and managerial accounting classes. In addition, Terrie has worked in both public accounting and industry for more than twenty-five years, specializing in small business accounting issues, budgeting, costing, management reporting and personnel training. Her industry specialties are construction, and manufacturing. She continues to consult with companies and is a technical reviewer for the Georgia Society of CPAs’ Peer Review Committee. Terrie is a Past National President of American Woman’s Society of CPAs, and Past Present of the Florida Association of Accounting Educators and the President of the Georgia Association of Accounting Educators. She is a past president of the Northeast Georgia Chapter of the Georgia Society of CPAs and serves on several committees with the Society. She holds an active CPA license in both Florida and Georgia as well as the Certified Fraud Examiner designation.