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 Wed., Feb.17, 2016 - Auditing Standards Update

2/17/2016 11:30 AM
2/17/2016 1:00 PM
The Place - Innsbrook | Virginia
Date:        Wednesday, February 17, 2016
 
Topic:       Accounting & Auditing Standards Update
 
Speaker:  Toby Leslie, CPA – Partner with Keiter
 
Location:
The Place at Innsbrook
4036 Cox Road
Glen Allen, VA 23060
 
Times:
  • 11:15-11:40 - Sign-in
  • 11:30 AM     - Lunch
  • 12:00-1PM   - Speaker       
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TOBY R. LESLIE, CPA
Partner, Keiter
 
Toby has over 15 years of experience and participates in various client services including financial statement audits, reviews and compilations, acquisition due-diligence investigations, consulting, and other agreed-upon procedures.
 
Toby leads Keiter’s Emerging Business team, CPA Firm Peer Review Services and is in charge of quality control over financial reporting at Keiter. He primarily serves clients in the technology sector which includes: software development, SAAS, and life sciences companies. He is familiar with the unique business challenges in this industry including revenue recognition, stock-based compensation, and other equity instruments. In addition, he has extensive expertise in manufacturing, distribution, real estate, hospitality and professional services industries.
 
Toby is also a member of our ERISA audit team and provides services for various defined contribution plans and defined benefit plans.
  
Accounting and Financial Reporting Update
 
This presentation will focus on recent and upcoming accounting standards that will impact financial reporting.  Some of these new standards will be effective for calendar year 2015, while some of the more impactful standards will have a longer implementation window. 
 
Once implemented some of the most impactful standards such as revenue recognition and accounting for leases will require significant changes in systems and controls.  Therefore, it is important that companies are aware of their potential impact and begin planning towards implementation now.
 
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