This comprehensive update has been designed to assist those who want or need to remain up-to-date on recently issued and effective accounting guidance issued by the Financial Accounting Standards Board (FASB). Learn what FASB guidance is on the horizon; identify various types of accounting alternatives available for private companies and recognize the main aspects of the FASB Accounting Standards Codification.
This course features a live instructor and has been specifically designed for the NJCPA.
DESIGNED FOR
This comprehensive update is for financial statement preparers, CPAs in industry, those practicing in the area of public accounting, auditors, educators, and other interested professionals.
BENEFITS
- Identify the financial reporting environment
- Recognize recently issued accounting standards updates from the FASB
- Recall the accounting requirements for leases under FASB ASC 842; Intangibles: Goodwill and Other under FASB ASC 350, governmental assistance FASB ASC 832, Credit losses FASB ASC 326 and much more
- Identify topics on the FASB’s technical agenda
- Recall the various accounting alternatives available to private companies and not-for-profit entities
HIGHLIGHTS
- Understand recently issued and/or effective guidance issued by the FASB, such as the accounting requirements for leases; intangibles; credit losses; governmental assistance; and intangibles
- Learn about topics on the FASB’s technical agenda
- Gain insight into the financial reporting environment
- Discover the various accounting alternatives available to certain entities
PREREQUISITES
Experienced in the application of accounting standards
ADVANCE PREPARATION
None