CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

New Economy and the New Industry Accountant

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
6 Credits: Accounting

Course Description

While nearly 12 years have passed since the Great Recession, economic and political turmoil and uncertainty have continued to plagued business decision-making. Meanwhile, the advent of the CGMA certification (Chartered Global Management Accountant) and the Ethics Codification Project for 2015 have increased the analytical skills needed by the industry financial professional. This course will explore key economic and regulatory issues that will have a substantial impact on financial and accounting projections for the next several years.

Learning Objectives

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

  • Determine strategic intent, systemic risk and opportunity costs in the business model
  • Identify cost drivers in the business model
  • Recognize the link between activity based costing and lean operations
  • Analyze the impact of international economic turmoil and uncertainly on the value of the USD and financial reporting in the U.S.
  • Analyze significant macro risks to an entity such as the Coronavirus and appropriate planning efforts to mitigate risk
  • Analyze the impact of emerging accounting issues to include state and local unfunded obligations and potential tax implications to the business, deferred maintenance, logistic bottlenecks, and risks
  • Analyze the impact of monetary policy in the 21st century and the impact on cost of capital for the entity.
  • Analyze the impact of deflation and inflation on an organization and the global economy
  • Determine the impact of financial capacity on financial projections and the ability to find new funding sources in the light of new bank loan loss reporting standards.
  • Evaluate programs for retirement planning for your staff during periods of economic turmoil so that non-planning does not become your personnel issue.
  • Analyze the future of medical costs in the United States and impact on employees
  • Analyze the impact of a deficient national infrastructure on overall economic growth potential, particularly for accounting/financial projections

Course Specifics

Course ID
WC1121257013
Revision Date
October 7, 2021
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

Course Instructor

Francis X. Ryan Headshot
Francis X. Ryan, CPA, CGMA, MBA

Francis X. Ryan, CPA, CGMA, MBA, is the president of F.X. Ryan & Associates, which specializes in lean systems implementations, activity-based costing, strategic and operational risk analyses, and corporate governance evaluations. Frank serves and has served on numerous boards of publicly traded companies and nonprofit organizations. In 2008, he was elected chairman of the board of Good Shepherd Center. Frank has served as chairman of the audit committees of two publicly traded companies, and he’s the current audit committee chairman of a major nonprofit organization in Maryland. Francis X. Ryan is an acclaimed author on activity-based costing, lean systems, and …

Francis X. Ryan, CPA, CGMA, MBA Read More »

New Economy and the New Industry Accountant

Expert Instructors
CPE CREDITS
6 Credits: Accounting

$294.00


Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
6 Credits: Accounting

Course Description

While nearly 12 years have passed since the Great Recession, economic and political turmoil and uncertainty have continued to plagued business decision-making. Meanwhile, the advent of the CGMA certification (Chartered Global Management Accountant) and the Ethics Codification Project for 2015 have increased the analytical skills needed by the industry financial professional. This course will explore key economic and regulatory issues that will have a substantial impact on financial and accounting projections for the next several years.

Learning Objectives

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

  • Determine strategic intent, systemic risk and opportunity costs in the business model
  • Identify cost drivers in the business model
  • Recognize the link between activity based costing and lean operations
  • Analyze the impact of international economic turmoil and uncertainly on the value of the USD and financial reporting in the U.S.
  • Analyze significant macro risks to an entity such as the Coronavirus and appropriate planning efforts to mitigate risk
  • Analyze the impact of emerging accounting issues to include state and local unfunded obligations and potential tax implications to the business, deferred maintenance, logistic bottlenecks, and risks
  • Analyze the impact of monetary policy in the 21st century and the impact on cost of capital for the entity.
  • Analyze the impact of deflation and inflation on an organization and the global economy
  • Determine the impact of financial capacity on financial projections and the ability to find new funding sources in the light of new bank loan loss reporting standards.
  • Evaluate programs for retirement planning for your staff during periods of economic turmoil so that non-planning does not become your personnel issue.
  • Analyze the future of medical costs in the United States and impact on employees
  • Analyze the impact of a deficient national infrastructure on overall economic growth potential, particularly for accounting/financial projections

Course Specifics

Course ID
WC1121257013
Revision Date
October 7, 2021
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

Course Instructor

Francis X. Ryan Headshot
Francis X. Ryan, CPA, CGMA, MBA

Francis X. Ryan, CPA, CGMA, MBA, is the president of F.X. Ryan & Associates, which specializes in lean systems implementations, activity-based costing, strategic and operational risk analyses, and corporate governance evaluations. Frank serves and has served on numerous boards of publicly traded companies and nonprofit organizations. In 2008, he was elected chairman of the board of Good Shepherd Center. Frank has served as chairman of the audit committees of two publicly traded companies, and he’s the current audit committee chairman of a major nonprofit organization in Maryland. Francis X. Ryan is an acclaimed author on activity-based costing, lean systems, and …

Francis X. Ryan, CPA, CGMA, MBA Read More »

New Economy and the New Industry Accountant

Expert Instructors
CPE CREDITS
6 Credits: Accounting

Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET.

$294.00