GAAP Chats

EXPLORE

Society & Culture

© 2024 PodJoint

https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/82/3d/11/823d11ba-3f49-b92a-0dc9-c313d78d092b/mza_5088100448936622669.jpg/600x600bb.jpg

GAAP Chats

GAAP Dynamics

21 episodes

7 months ago

It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2! Resources GAAP Chats Episode 7 (Referenced in the episode) Learn from PCAOB Inspection Reports - GAAP Dynamics eBook About GAAP Dynamics GAAP Dynamics is a training firm that provides tailor...

Show more...

All content for GAAP Chats is the property of GAAP Dynamics and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2! Resources GAAP Chats Episode 7 (Referenced in the episode) Learn from PCAOB Inspection Reports - GAAP Dynamics eBook About GAAP Dynamics GAAP Dynamics is a training firm that provides tailor...

Show more...

Episodes (20/21)

GAAP Chats

In the News - Lions and Tigers and Deficiency Rates, Oh My!

It’s our last episode of GAAP Chats for Season 1! In this episode we look back at some of the stories we covered this season to give you an update of recent events, including looking at a recently issued PCAOB inspection report of a firm we discussed in a previous episode. We also look ahead to Season 2! Resources GAAP Chats Episode 7 (Referenced in the episode) Learn from PCAOB Inspection Reports - GAAP Dynamics eBook About GAAP Dynamics GAAP Dynamics is a training firm that provides tailor...

2 years ago

22 minutes

GAAP Chats

CPA Hot Topics - Going, Going, Gone! Exploring Going Concern Opinions and Bankruptcies

A recent headline in Reuters noted “U.S. corporate bankruptcies at highest level since 2010.” In Episode 19 we’ll dive into the data, but, more importantly, we’ll test our hypothesis that, in our opinion, management (and their auditors) do a pretty crappy job of prognosticating future bankruptcies with going concern disclosures and opinions. Resources: SEC - Bankruptcy: What happens when public companies go bankrupt? About GAAP Dynamics GAAP Dynamics is a training firm that provides tai...

2 years ago

28 minutes

GAAP Chats

CPA Hot Topics - Latest Accounting Developments in the Financial Services Industry

In Episode #18 of GAAP Chats, hosts Chris Brundrett and Bob Laffler provide listeners with insight into the latest developments in U.S. GAAP and IFRS for the financial services industry. About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create high-quality training that we would want to take. Stay informed and subscribe to our blog. ...

2 years ago

44 minutes

GAAP Chats

CPA Hot Topics - SPACs are Whack (Sorry Shaq)

It’s all about SPACs in Episode #17 of GAAP Chats. Once the golden child of Wall Street and celebrities (even Shaq had a SPAC!), they’ve now become persona non grata. Buy why? Join host Mike Walworth and Chris Brundrett as they discuss SPACs, including the reasons behind their meteoric rise and subsequent fall from grace. About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online,...

2 years ago

39 minutes

GAAP Chats

CPAs Gone Bad - A Penny for Your Thoughts (and an SEC Enforcement Action)

Episode #16 of GAAP Chats is all about earnings management, and the games companies play to “smooth” earnings. Join hosts Mike Walworth and Bob Laffler as they discuss this topic and how these games, even if they aren’t illegal, can get you into trouble with the SEC! Resources: Podcast Transcript Notes SEC's Chief Accountant Statement (March 2022) About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms...

2 years ago

29 minutes

GAAP Chats

CPA Hot Topics - What Can CPAs Learn from Donald Trump and Clarence Thomas?

In Episode #15 of GAAP Chats, hosts Mike Walworth and Bob Laffler discuss what lessons CPAs can learn from news stories surrounding Donald Trump and Clarence Thomas. Resources: Podcast Transcript Notes Register for our PCAOB Webinar NOW! About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create high-quality training that we would want ...

2 years ago

30 minutes

GAAP Chats

Bilingual CPA - Latest Developments in IFRS

In Episode #14 of GAAP Chats, hosts Chris Brundrett and Bob Laffler provide listeners with insight into the latest developments in IFRS. Resources: Podcast Transcript Notes IFRS Foundation Work Plan Register for our PCAOB Webinar NOW! About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create high-quality training that we would wa...

2 years ago

39 minutes

GAAP Chats

Hot off the Presses - Updates from Previous Podcasts and Latest Developments in U.S. GAAP

In Episode #13 of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an update on topics they talked about in previous pods, as well as the latest developments in U.S. GAAP. Resources: Podcast Transcript Notes Register for our PCAOB Webinar NOW! About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create h...

2 years ago

35 minutes

GAAP Chats

CPA Hot Topics - Investments Held by Banks: Accounting for Debt Securities (ASC 320)

In Episode #12 of GAAP Chats, hosts Mike Walworth and Chris Brundrett discuss the types of investments held by banks and how these investments are accounted for under U.S. GAAP in accordance with ASC 320. Resources: Podcast Transcript Notes ASC 320 and 321 course collection on the Revolution Register for our PCAOB Webinar NOW About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether ...

2 years ago

30 minutes

GAAP Chats

In the News - What’s Happening at Credit Suisse?

In Episode #11 of GAAP Chats, hosts Chris Brundrett and Bob Laffler discuss the recent turmoil in the banking industry, specifically recent issues at Credit Suisse. What’s happening at Switzerland’s second largest 167 year old banking institution? Resources: Podcast Transcript Notes Plug the Flow Blog Register for our PCAOB Webinar NOW About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whet...

2 years ago

28 minutes

GAAP Chats

In the News - SEC Summons the Kraken for its Crypto Staking Services

In Episode #10 of GAAP Chats, hosts Mike Walworth and Bob Laffler discuss staking, one of the two consensus mechanisms used by cryptocurrencies to verify their transactions, and how the SEC is cracking down on crypto exchanges offering staking-as-a-service to its customers. Resources: Podcast Transcript Notes Coinbase - What is Staking? GAAP Dynamics Investment Management USG and IFRS Updates Register for our PCAOB Webinar NOW About GAAP Dynamics GAAP Dynamics is a training firm that provide...

2 years ago

27 minutes

GAAP Chats

In the News - 150-hour Education Requirement for CPAs

In Episode #9 of GAAP Chats, hosts Mike Walworth and Chris Brundrett discuss the 150-hour education requirement for CPAs. This comes as states are considering reducing the requirement to address the shortage of accountants entering the profession. Sign up for the Webinar now! Resources: Podcast Transcript Notes Register for our PCAOB Webinar NOW About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worl...

2 years ago

36 minutes

GAAP Chats

CPAs Gone Bad - Discussion of Recent SEC and PCAOB Enforcement Actions

In Episode #8 of GAAP Chats, hosts Mike Walworth and Chris Brundrett dig into some recent SEC and PCAOB enforcement actions so, hopefully, other CPAs can learn from others’ mistakes! Specifically, we’ll talk about an SEC enforcement action involving related party transactions and a PCAOB enforcement action involving a myriad of errors on three audit engagements. Resources: SEC Enforcement Releases PCAOB Enforcement Actions Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a train...

2 years ago

25 minutes

GAAP Chats

In the News - Insights from the 2021 PCAOB Inspection Reports

In Episode #7 of GAAP Chats, hosts Mike Walworth and Chris Brundrett dig into the PCAOB, the self-proclaimed independent audit watchdog, and reveal insights from their review of the 2021 PCAOB inspection reports for the annually inspected firms. Resources: PCAOB Inspection Reports Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classr...

2 years ago

22 minutes

GAAP Chats

In the News - Mo Money. Mo Problems. SEC Rules on Executive Pay

In Episode #6 of GAAP Chats, hosts Mike Walworth and Chris Brundrett take on executive pay and the executive compensation provisions within the Dodd-Frank Act, two of which were recently implemented by the SEC. Resources: How your pay Stacks up with the CEO's Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, w...

2 years ago

25 minutes

GAAP Chats

CPA Hot Topics - Current L&D Trends for CPA Firms

In Episode #5 of GAAP Chats, hosts Mike Walworth and Chris Brundrett welcome their first guest - Vicky Hale, Chief Learning Officer of GAAP Dynamics - to talk about current learning and development (L&D) trends for CPA firms. Resources: Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the classroom, or via webinar, we create high-quality ...

2 years ago

35 minutes

GAAP Chats

In the News - The 411 on Buy Now, Pay Later (BNPL) Loans

In Episode #4 of GAAP Chats, hosts Mike Walworth and Chris Brundrett explore the meteoric rise (and potentially the spectacular fall?) of Buy Now, Pay Later (BNPL) loans. In this episode we learn more about the buy now, pay later industry, including how it works, who uses it, its key players, and the accounting and regulatory issues facing entities that issue these types of loans. Resources: The Atlantic: The 'Buy Now. Pay Later' Bubble Is About To Burst eLearning Course: Credit Losses: Intr...

2 years ago

36 minutes

GAAP Chats

In the News - Accounting Considerations for Layoffs

In Episode #3 of GAAP Chats, hosts Mike Walworth and Chris Brundrett talk about the spate of recent layoffs, especially in the tech industry, and the related accounting considerations. Resources: Blog: Accounting for restructuring charges under U.S. GAAP Accounting for Restructuring Provisions and Related Termination Benefits (U.S. GAAP) Provisions and Contingencies: IAS 37 Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging le...

2 years ago

29 minutes

GAAP Chats

CPA Hot Topics - Top 5 Issues with Non-GAAP Financial Measures Explained

In Episode #2 of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an explanation of the top 5 issues associated with non-GAAP financial measures, as noted by the SEC in their comment letters to registrants. Resources: SEC: Compliance & Disclosure Interpretations Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in th...

2 years ago

21 minutes

GAAP Chats

CPA Hot Topics - Overview of Non-GAAP Financial Measures

In our first episode of GAAP Chats, hosts Mike Walworth and Chris Brundrett provide listeners with an overview of non-GAAP financial measures, the number one issue noted by the SEC in their comment letters to registrants. Resources: SEC: Compliance & Disclosure Interpretations Podcast Transcript Notes About GAAP Dynamics GAAP Dynamics is a training firm that provides tailored and engaging learning solutions to companies and accounting firms worldwide. Whether it's online, in the cla...

2 years ago

21 minutes