Our current administration was put in place to enact a radically different economic agenda. The result has been unprecedented opportunities combined with significantly greater risk and volatility. This course provides participants with an overview of recent developments in the areas of corporate reporting, risk management, controls, and compliance. Coverage will be updated throughout the year to reflect emerging trends and issues. Other topics covered include issues faced by public and private companies and the CPAs who serve them.
Dr. Ray Thompson, CBA, CFM, CMA, is an emeritus associate professor of accounting and finance at the University of Pittsburgh. He served as department head at the University of Pittsburgh at Johnstown (UPJ) campus for over 25 years. He was the associate director of UPJ’s Entrepreneurial Development Assistance Project, where he was involved in financial consulting and assisting in preparing loan proposals for small business start-ups. He has taught in graduate and undergraduate business programs in Europe, Africa, and the United States.
Ray received his BS and MS degrees in economics and systems dynamics from the University of Bradford in the United Kingdom, his MBA in accounting from Xavier University in Ohio, and his PhD in business administration from Nova University. Ray is also certified in financial management and is a certified management accountant (CMA), a certified business appraiser (CBA), and holds the accredited valuation analyst credential from the National Association of Certified Valuators and Analysts (NACVA). He recently became certified in IFRS though the Institute of Chartered Accountants in England and Wales.
Ray teaches at Western CPE conferences and produces both self-study and webcast courses as well. He also authors and conducts professional development seminars for Fortune 500 and international corporations, multinational financial institutions, state CPA societies, and CPA firms throughout the United States. In addition, Ray provides business valuation services and consults with accounting firms and sole practitioners on a range of accounting issues in the area of valuation. He’s a faculty associate member of the AICPA and the Pennsylvania Institute of Certified Public Accountants (PICPA) and a member of the Financial Reporting Faculty of ICAEW.
Jun 7, 2019
IRS Provider #: OMYXB
Qualifies for CA Fraud: No
Upon successful completion of this course, participants will be able to:
Understand how the Trump agenda continues to reshape our economy
Evaluate the opportunities and risks for companies over the next 12-18 months
Identify how increased financial market volatility and regulatory risk will challenge CFOs and their companies
List the major threats to continued US economic expansion
Understand the financial and regulatory barriers faced by smaller companies
Understand how the risk & control (COSO) framework is reshaping financial reporting
List PCAOB and SEC's concerns with the current state of financial reporting
Identify current accounting standards for reporting and disclosing data breaches and vulnerabilities
Identify AICPA's new services to address cyber vulnerabilities
Evaluate progress is dismantling Dodd Frank and the impact on business finance
Identify how regulators and accounting standard setters are reinterpreting credit risk