Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides an overview of recent accounting matters including: Private Company Standard Setting activities; a review of the FASB’s new Lease Accounting standard – ASU No. 2016-02; hot topics related to ASC 606 and a review of the soon-to-be-effective guidance on credit losses, ASC 326.
DESIGNED FOR
Accounting and auditing practitioners at all levels desiring to remain up-to-date on recent accounting pronouncements and other standard setter activities
BENEFITS
- Private Company Standard Setting activities
- FASB Accounting Standards Updates
- Revenue recognition
- Leases
- Credit losses
HIGHLIGHTS
- Be aware of recent Private Company Standard Setting activities
- Review recently issued FASB Accounting Standards Updates
- Understand the new Lease standard
- Recall hot topics related to applying ASC 606
- Recall the basics of accounting for credit losses under ASC 326
COURSE LEVEL
Update
PREREQUISITES
Experience in financial reporting