Meeting Information
Year End Financial Accounting Considerations
Date:
Tuesday January 11, 2022
Time:
8:15am - 9:00am US/Pacific GMT-8:00
Location:
Zoom call
Directions:

Meeting capacity:

100

Suggested Donation:

Agenda:

Andrew Valverde, Audit Senior Manager at Baker Tilley, will be talking on 

 

Year End Financial Accounting Considerations for 2021  

 

Andrew will touch on some of the focal points effecting many businesses as a result of some of the events and conditions impacting the domestic economy during the year.

 

  1. Considerations of supply chain impacts on 2021 year-end financial reporting
    1. Considerations for estimates of variable consideration to customers (drawing on experience from my Suzuki audit)
  2. Inventory Cut-off
  3. Inventory costing

 

  1. Federal Stimulus and Methods of Accounting (drawing on experience from my EACO Corp audit)
    1. High level tax presentation
    2. Financial accounting - Lack of directly authoritative US GAAP

                                                               

     3.    Reminder on effective date of new accounting pronouncements

  1. Emphasis on lease accounting and implementation

                                                               

For meeting information, please contact:

Dave Quimby

(949) 231-7649
Attendees
19
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