GAAP Chats is the brand new podcast by the dynamic duo, Mike and Chris, from GAAP Dynamics. Like all of our accounting training, GAAP Chats is designed to make learning fun and engaging, and to ultimately "change the way you train." We'll dive into the latest CPA hot topics, news, standard updates, and more! New episodes are available throughout the month. Be sure to subscribe so that you never miss an upload!
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...
17 May 2023
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...
10 May 2023
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. ...
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