Step By Step Preparing Personal Financial Statements ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $49.00
Non-Member Price $56.00
Overview
This course, focusing on personal financial statements, stands out with its practical approach, guiding participants through each step of the process. By covering both accounting and reporting standards, it offers a comprehensive understanding of professional requirements. Additionally, the course explores various purposes and alternatives available for personal financial statements. The unique teaching style, infused with Jeff Sailor’s humor and engaging video parodies, not only ensures an enjoyable learning experience but also reinforces key concepts. Participants will benefit from a blend of theoretical knowledge and practical application, enabling them to competently prepare and report personal financial statements, a valuable skill in the accounting and finance profession.
Highlights
Professional requirements. Engagement acceptance. Gathering information. Preparation of financial statements. Disclosures. Reports. Documentation. Client representation letters. Guidelines for specific presentation. Considerations for an SPF. Compilation requirements.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify professional accounting standards related to personal financial statements. Identify professional reporting standards related to personal financial statements. Describe the purposes for personal financial statements. Describe the alternatives available. Apply the GAAP and alternative methods of preparation. Apply the applicable reporting standards.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Jeff Sailor, Western CPE
Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software.
Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights with humor in high-energy presentations. He’s also adept at presenting complex topics in a very practical, easy-to-understand manner, thus earning him rave reviews for more than 20 years. Jeff currently presents seminars, webcasts, and in-house instruction for Western CPE. He’s also a featured speaker at national conferences as well as at state and regional meetings.
For more than 10 years, Jeff has served as an AICPA peer reviewer, focusing on small firms and sole practitioners. He also served on the Resource Committee for the Private Company Financial Reporting Committee (PCFRC). Jeff has spoken at two NASBA national conferences on how to make education more engaging for practitioners.
Non-Member Price $56.00
Member Price $49.00