DAY ONE AGENDA

Welcome & Opening Remarks
8:45 – 9:00 AM

FASB Update
9:00 – 10:00 AM
FASB’s recent major changes will have a huge impact on business in many important areas. This session will update you on what these changes are and show you the most effective ways to handle them. In this session, an expert will address:
• Standard setting process
• Current FASB agenda
   – Accounting for and disclosure of software costs
   – Debt exchanges
   – Environmental credit programs
   – Governmental grants
   – Hedge accounting improvements
• Recently issued ASUs

Break
10:00 – 10:05 AM

AI in Financial Reporting: Tools, Controls & Ethics
10:05 – 11:20 AM
Artificial Intelligence (AI) is transforming financial reporting by automating processes, enhancing accuracy, and uncovering insights in real time. However, it introduces new challenges around controls, transparency, and ethics. As the role of AI continues to rapidly grow, AI technology is quickly evolving as well. By leveraging AI, companies, analysts, and investors can enhance their decision-making processes, improve accuracy, and uncover insights that might be missed through traditional methods. In this session, we provide an in-depth look at how AI is transforming financial accounting and reporting. 

Break
11:20 – 11:25 AM

Impairments, Intangibles & Goodwill: Current Challenges
11:25 AM – 12:25 PM
In the face of great economic uncertainty and unanswered questions regarding valuation, it is extremely challenging for financial professionals to properly account for impairments, intangibles, and goodwill. In this session, we will hear from an expert who will help accountants better understand the current accounting rules and what can be expected in the future. We will discuss:
• Order of impairment testing
• Long-lived assets
• Finite-lived intangible assets
• Indefinite-lived intangible assets
• Goodwill disclosures
• Tariff considerations  

Lunch
12:25 – 1:10 PM

Business Combinations & Internal Reorganizations
1:10 – 2:10 PM
When accounting for acquisitions, it is vital to understand how to differentiate between Business Combinations and Asset Acquisitions. In this session, an expert will explain the accounting rules and discuss the following topics:  
• Scoping considerations
• Identifying the accounting acquirer and acquisition date
• Asset acquisition and acquisition accounting
• Recognizing and measuring identifiable assets acquired and liabilities assumed
• Recent FASB activity

Break
2:10 – 2:15 PM

Modern Metrics: Non-GAAP, KPIs & Performance Measures  
2:15 – 3:30 PM
Investors want to make sure that companies they put their financial support behind are performing to the best of their ability. Non-GAAP, Key Performance Indicators (KPIs) and other metrics allow companies to demonstrate their performance and ability to meet their objectives. This session will cover:
• Defining non-GAAP measures
• Regulations G and S-K 10(e)
• SEC staff guidance and comment letter trends on non-GAAP measures
• Common pitfalls
• Misleading non-GAAP measures
• Segment reporting

Break
3:30 – 3:35 PM

Cash Flow Statement & Classification Issues 
3:35 – 4:35 PM
In this session, an expert will bring you up-to-date on all the latest accounting rules related to the preparation of the statement of cash flows. They will also provide you with information on such areas of interest as: 
• Category classification
• Classifying cash flows
• Illustrative examples of classification
• Treatment of digital assets
• SEC comment letters
• Gross vs. Net
• Other classes of cash flows
• Future standard setting

Closing Remarks
4:35 – 4:45 PM

DAY TWO AGENDA

Welcome & Opening Remarks
8:45 – 9:00 AM

Income Tax Disclosures & Segment Reporting Changes
9:00 – 10:30 AM
The FASB has made recent modifications to both segment reporting and income tax disclosure requirements. They are now more focused on enhancements to reportable segment disclosures and income tax disclosures with the ultimate goal of increasing transparency for investors. An expert will address:
• Effective dates and transition
• Expansion of ETR table
• Cash flow disclosures
• Income statement disclosures
• Reportable segments

Break
10:30 – 10:45 AM

Capitalizing Software & Cloud Costs
10:45 AM – 12:00 PM
While software and cloud costs can be capitalized, it needs to be done under specific circumstances. A qualified expert will take you through the ins and outs of capitalizing software and cloud costs and will cover topics like: 
• Accounting for software development costs
• Goodwill and other internal-use software
• Costs of software to be sold, leased, or marketed
• Proposed changes to accounting for and disclosure of software costs

Lunch
12:00 – 1:00 PM

Digital Assets & Blockchain Accounting
1:00 – 2:00 PM
Global cryptocurrency use has seen substantial growth as new users all over the world continue to join the market. As crypto use continues to grow, the need for reliable blockchain technology is vital to ensuring safety and reliable storage. This session will explain in detail: 
• Accounting for and disclosure of crypto assets
   – Measurement and scope
   – Financial statement presentation
   – Disclosures
• SEC update and SAB 122
• AICPA digital assets practice aid
• Revenue recognition considerations
• Mining
• Crypto lending and borrowing

Break
2:00 – 2:05 PM

Accounting for Stock-Based Compensation
2:05 – 3:05 PM
Accounting for stock-based compensation requires companies to measure the value of awards based on fair value. In this session, you'll find out what you need to do to comply, and how expensing stock options and other share-based compensation will impact your financial statements. You’ll learn about:
• Stock compensation accounting
• Standard setting update
   – Scope application of profits interest and similar awards
   – Share-based consideration payable to a customer
   – SEC clawback rule
• Stock compensation in times of uncertainty
• Changes in employment status

Break
3:50 – 3:10 PM

Fair Value Measurement: Practice, Pitfalls & Disclosures
3:10 – 4:45 PM
Fair value has become the central measurement basis in today’s financial reporting and likely will continue to be the basis for recognition of many accounting transactions in the future. During this informative and up-to-date session, you will learn how to:
• Define fair value under ASC 820
• Navigate the fair value hierarchy
• Choose and apply valuation techniques
• Identify and mitigate common pitfalls
• Prepare required disclosures

Closing Remarks
4:45 – 4:50 PM

Conference Ends
4:50 PM

Nicole Berman, Director, PwC 

Rianna Clancy, Manager, Accounting and Reporting Services, National Office, Deloitte 

Camila Correa, Senior Manager, Deloitte 

Bonnie Mann Falk, Partner, Citrin Cooperman 

Genna Fulginiti, Senior Manager, Accounting and Reporting Services, National Office, Deloitte

Kole Gilchrist, Manager, Accounting and Reporting Services, National Office, Deloitte 

Lisa Habash, Professional Practice Senior Manager, SEC Services, BDO 

Paul Morrissey, Director, CohnReznick 

Phil Owusu, Founder and CEO, Finance Powerhouse, LLC 

Steve Schwartz, Director, CohnReznick 

Alissia Spence, Manager, Accounting and Reporting Services, National Office, Deloitte

Stuart Block, Founder, Sustas LLC

Matthew Clark, ARA/ARS MDP Manager, Deloitte

Meghan Depp, Assurance Professional Practice Principal – SEC Services, BDO

Lu Jiang, Manager – National Office Accounting & Reporting Service, Deloitte

Kimberly Kelly, National Office Director, PwC

Jin Koo, Professional Practice Principal – Accounting, BDO

Sean Nolan, Managing Director, Financial Accounting Advisory Services – Technical Accounting Advisory Group, EY

Dan Peckham, Principal, Transactions and Business Analytics, Deloitte

Jeremiah Saunders, Director, Professional Practice Group – SEC Services, BDO

Will Schaffer, Director, National Quality Organization, PwC

Matthew Schurick, Associate Director, Business Performance Improvement, Protiviti 

Patrick Spagna, Director, PwC

Meredith Taylor, Professional Practice Principal – Accounting, BDO

Raymond Tyne, Managing Director, Los Angeles Market Lead – Finance Transformation, Protiviti

Bill Witt, Director, Accounting & Transaction Services, MorganFranklin

• Recognize where cryptocurrency is recorded on the balance sheet

• Identify subsequent accounting treatment of crypto assets

• Identify how many criterion crypto assets need to meet to be accounted for under ASU 2023-08

• Recognize where gains or losses on crypto assets are recorded on the income statement

• Recognize where proceeds from crypto asset sales are recorded on the statement of cash flow

• Identify the guidance provided in SAB 121

• Recognize the effective date of ASU 2023-08

• Identify common types of crypto assets

• Recognize characteristics of stablecoins

• Identify the accounting guidance that applies to third-party or internally generated costs typically associated with business process reengineering activities

• Recognize when software costs are capitalized under ASC 985-20

• Recognize characteristics of the working model in software development

• Identify the project stages of internal-use software

• Identify what method of amortization is used for internal-use software

• Identify the section of the statement of cash flows in which externally marketed software costs are recorded

• Recognize where the amortization of capitalized costs relating to internal-use software are recorded on the income statement

• Identify the appropriate accounting treatment for costs incurred during the planning stage of developing and populating an internet website

• Recognize the characteristics of hedge accounting

• Identify the authoritative account guidance for derivatives

• Recognize the phases in the life cycle of hedging relationships

• Identify the characteristics of a cash flow hedge

• Identify the characteristics of an interest rate swap used to hedge a note payable

• Recognize the criteria for use of the short-cut method for interest rate swaps by a public business entity

• Recognize circumstances when OCI must be reclassed to adjust interest expense when a swap is in place

• Identify circumstances in which a company would discontinue a hedging relationship

• Identify transactions qualifying as a business combination

• Recognize the general rule for recording assets and liabilities in a business combination

• Recognize, in the context of a business combination, the definition of a business

• Identify characteristics of a business combination vs. an asset acquisition

• Recognize the frequency in which an acquirer enters into a bargain purchase vs. the acquisition of goodwill

• Identify the methodology for determining the acquisition date

• Recognize the accounting treatment for acquisition related costs

• Identify circumstances in which impairments can be reversed

• Recognize what group of assets requires the fair value of the reporting unit to be compared to the carrying amount under impairment accounting

• Identify the unit of account for goodwill testing purposes

• Recognize the characteristics of a reporting unit

• Identify characteristics of approaches used to assign the reporting unit carrying amount

• Recognize the provisions in ASU 2017-04

• Identify the steps in the impairment test of long-lived assets

• Recognize the requirements of impairment disclosures

• Identify what price the fair value of financial and nonfinancial assets and liabilities is based upon

• Recognize the acceptable valuation techniques identified in ASC 820

• Identify what types of assets use the income approach valuation technique

• Recognize what valuation approach uses a discounted cash flow technique

• Identify what types of assets use the market approach valuation technique

• Recognize which types of transactions require the use of fair value measurement

• Identify the first step in the fair value conceptual frame work

• Identify the number of impairment requirements issued in 2023

• Identify FASB projects currently in the deliberation stage

• Recognize the provisions of ASU 2023-07

• Recognize the entities DISE applies to

• Recognize the criteria in which ASU 2023-08 applies

• Identify the required disclosures applicable to public entities under the Income Tax Disclosure project

• Identify the Accounting and SEC Reporting Hot Topics

• Identify certain characteristics of contingencies

• Recognize the level at which you test for goodwill impairment

• Identify the frequency companies need to perform the recoverability test

• Recognize the impact of higher inflation and interest rate on financial reporting

• Identify the requirements of ASU 2022-04

• Recognize characteristics of “little r” restatements

• Identify SECs issued guidance regarding non-GAAP measures

• Identify common examples of non-GAAP measures

• Recognize characteristics of Reg G

• Identify leading sustainability practices