Are you looking for a review and update of common GAAP issues important to all CPAs? This broad-ranging course covers FASB accounting and reporting developments that apply to all companies. Emphasizing financial statement disclosures in addition to accounting methods, this course presents implementation guidelines and disclosure illustrations from actual financial statements. Gain understanding of the FASB standards that have the greatest impact on accounting and financial reporting.
DESIGNED FOR
Accountants in practice and industry who need an intermediate level review and an update on recent financial pronouncements.
BENEFITS
- Identify and apply the latest FASB accounting and reporting guidance
- Describe current FASB exposure drafts and projects
- Review key points related to disclosures
HIGHLIGHTS
- The financial reporting environment
- Summary of recent FASB releases
- Property, plant and equipment, including capitalized interest and nonmonetary transactions
- Financial statement presentation and notes disclosures
- Contingencies and other uncertainties
- Accounting for debt
- Accounting for income taxes
- Intangible assets, goodwill, and asset impairment and disposal issues
- Statement of cash flows
COURSE LEVEL
Intermediate
PREREQUISITES
Experience in application of accounting standards.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- *AICPA members deduct an additional $30 from applicable price.