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CBA’s Lacey to Present Accounting Workshop Nov. 17

Published: November 16, 2009

The Office of Estate and Gift Planning at CSULB, in partnership with the College of Business Administration, will hold a presentation on Tuesday, Nov. 17, from 7:30-9:30 a.m. at CSULB’s Pyramid Annex Conference Center.

The presentation titled “Accounting Update in a Time of Rapid Change,” will be given by John Lacey, professor of accountancy at CSULB. The presentation, which is open to the public, is free and a continental breakfast will be served. Those who attend both hours of the seminar can receive two Continuing Professional Education (CPE) credits for the California Board of Accountancy.

Parking is available in Lot 13 or Parking Structure 1 and a day parking permit can be purchased for $4 from the yellow parking permit dispensers located in both lots.

Lacey, the Ernst and Young Research Fellow, has been teaching in CSULB’s Department of Accountancy in the College of Business Administration (CBA) since 1989. He previously taught at the Leventhal School of Accounting at USC, where he also earned his MBA and bachelor’s of science degrees, and at the Anderson Graduate School of Management at UCLA. He earned his Ph.D. at UCLA with a major in accounting information systems and minors in economics and mathematics.

In June, he received the 2008-09 Outstanding Accounting Educator award from the California Society of Certified Public Accountants for his nearly 40 years of service in both collegiate and industry accounting.

At CSULB, Lacey teaches financial and international accounting as well as intermediate accounting, which is the core course in the accounting curriculum.

The Nov. 17 session will provide an up-to-date overview of all new and pending pronouncements that will affect preparers, auditors and users of financial statements, including:

• New FASB statements, interpretations and staff positions
• Emerging Issues Task Force consensus
• Update on convergence efforts with International Accounting Standards Board
• Developments in revenue recognition, financial instruments, fair value and lease accounting
• Codification of Financial Reporting Standards
• Future directions in the development of financial accounting standards

Lacey
Photo by Victoria Sanchez
John Lacey

“Given the rapid change the accounting profession faces in an ongoing fashion, we are pleased to be able to provide our alumni and friends this overview of new guidelines that will affect the users of financial statements,” said CBA Dean Michael Solt, “and I am pleased that the presentation will be given by one of our excellent senior accounting faculty members, John Lacey, who is the California CPA 2008-09 Outstanding Educator.”

Reservations are required. For more information or to make reservations, call 562/985-5489 or e-mail plannedgiving@csulb.edu

–Shayne Schroeder