Events Search
  Summary & Check Out (0)
Thursday, September 25, 2025 Live Webcast

Private Company Simplified GAAP Alternatives (X4-7199866)

10:00 AM - 11:48 AM EDT
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

The FASB formed the Private Company Council to provide certain alternatives in U.S. GAAP that are only available to nonpublic business entities, with limited exceptions for certain nonprofits. This course will provide insight into when adopting the accounting and financial reporting alternatives would be to the advantage of private companies.

DESIGNED FOR

Public and industry accountants responsible for monitoring fair presentation of financial statements

BENEFITS

  • List the recognition, measurement, presentation and disclosure options only available to nonpublic business entities in U.S. GAAP
  • Explain the benefits of adopting the U.S. GAAP alternatives, and the most advantageous time to do so
  • Apply illustrative examples for how financial statements look different before and after application of the allowable simplifications in accordance with U.S. GAAP

HIGHLIGHTS

  • Guidance, related to "plain vanilla" interest rate swaps that convert variable into fixed rate debt and other derivatives
  • Guidance related to amortization and impairment of goodwill
  • Guidance related to separately recognizing intangible assets from goodwill in a business combination
  • Guidance related to lease accounting and revenue recognition options

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys

PRICING

$79.00 - Member

$109.00 - Nonmember

Register Today


Note: Online pre-registration will close on September 25 at 9:30 AM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

ACPEN

ALSO QUALIFIES FOR