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 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. Become a GAAPologist today!

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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 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. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
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And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
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And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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, in the classroom, or via webinar, we create high-quality training that we would want to take.

Stay informed and subscribe to our blog. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

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And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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 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. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
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And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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 to take.

Stay informed and subscribe to our blog. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
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Youtube
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And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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 want to take.

Stay informed and subscribe to our blog. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
Linkedin
Youtube
Facebook

And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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 high-quality training that we would want to take.

Stay informed and subscribe to our blog. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
Linkedin
Youtube
Facebook

And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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 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. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
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Youtube
Facebook

And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]

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. 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. Become a GAAPologist today!

Interested in what all GAAP Dynamics has to offer? Check out our website

Check us out on:
Linkedin
Youtube
Facebook

And email us with any of your own accounting questions, concerns, or horror stories at: [email protected]