This course reviews and discusses the latest items on the FASB agenda, focusing on recent updates to revenue recognition and lease accounting standards. A special purpose framework overview is provided, which may present salient alternatives to U.
DESIGNED FOR
CPAs in public practice and members in industry
BENEFITS
After attending this presentation you will be able to...
- Identify and use current items on the FASB agenda
- Apply practical strategies in using GAAP alternatives
HIGHLIGHTS
The major topics that will be covered in this course include:
- Review of current items on the FASB agenda
- Discussion of the new revenue recognition standard
- Update to the new lease accounting standard
- U.S. GAAP alternatives for certain entities
COURSE LEVEL
Intermediate
PREREQUISITES
Basic working knowledge of financial accounting and U.S. GAAP
ADVANCE PREPARATION
None