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Friday, June 30, 2017 Live

Planning for Upcoming GAAP Changes (E1706143)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

Ramada Plaza Hotel and Conference Center Cranbury - South Brunswick

390 Forsgate Drive, Exit 8A,
Jamesburg , NJ 08831

8 CPE Credits in AA

OVERVIEW

After years of discussion, the Financial Accounting Standards Board (FASB) finalized a new revenue and lease standard that significantly changes revenue recognition and lease accounting recognition, measurement, presentation, and disclosure. This program will cover the new rules and discuss planning strategies that are necessary to successfully implement them before they become effective.

DESIGNED FOR

CPAs and other accounting professionals in industry and in public practice.

BENEFITS

  • New lease terminology including two new types of leases
  • The definition of a lease
  • The recognition and measurement techniques for right-to-use intangible assets and lease liabilities
  • Subsequent lease re-assessment
  • The 5-step revenue recognition process and apply it to common situations
  • The proper treatment of revenue under the new standard

HIGHLIGHTS

  • Leasing and accounting
  • New accounting standard, including 5-step revenue model
  • Disclosure requirements
  • Transition guidance

COURSE LEVEL

Intermediate

PREREQUISITES

Basic knowledge of U.S. GAAP.

ADVANCE PREPARATION

None

INSTRUCTOR

Kenneth Heaslip

Kenneth A. Heaslip, CPA, CGMA, M.B.A.

Director

Cullari Carrico LLC

Kenn is a director at Cullari Carrico LLC, a regional CPA firm in Northern New Jersey. He also has extensive experience teaching all levels of accounting, auditing and other practice-related areas. Kenn has been a Professor of Accounting at several universities including Seton Hall, where he was the students’ choice as “Educator of the Year” two years in a row, as well as in the Executive Masters of Business Administration program at Rutgers University. In addition, he was the National Director of the Becker CPA Review. Kenn is an active member of the NJCPA, where he has served in positions, such as Vice President, Trustee Chapter President, Committee Chair and Task Force Chair. Kenn currently serves on the NJCPA Professional Conduct Committee, the Federal and State Taxation interest groups, Governmental Accounting & Auditing Interest Groups and the Nonprofit Interest Group.

PRICING

$299.00 - Member

$399.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Loscalzo Institute