This program discusses FASB topical issues that are relevant to CPAs, accountants and other financial professionals in industry. We will cover accounting and disclosure requirements that apply to all industries. The program is continually updated based on the issuance of recent Accounting Standard Updates (ASUs) and includes implementation guidance for more complex topics.
DESIGNED FOR
CPAs, accountants and financial professionals in industry.
BENEFITS
- Apply new accounting ASUs issued within the prior 18 months
- Apply the accounting and disclosure requirements for various accounting topics with an industry focus
- Identify implementation guidance associated with areas of complexity
- Develop more confidence in dealing with GAAP accounting issues
HIGHLIGHTS
- FASB Update
- Revenue Recognition—Topic 606
- Lease Accounting—Topic 842
- Financial Instruments—Topics 320, 321, and 326
- Fair Value—Topic 820
- Goodwill and Asset Impairments—Topics 350 and 360
- Consolidation Accounting (including Variable Interest Entities)—Topic 810
- Definition of a Business—Topic 805
- Business Combinations—Topic 805
- Accounting for Income Taxes—Topic 740
- Accounting for Debt—Various topics
- Practice Problems Preparing a Statement of Cash Flows—Topic 230
- FASB Simplification Initiatives—Various topics
COURSE LEVEL
Intermediate
PREREQUISITES
Basic Knowledge of U.S. GAAP.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
Course materials are distributed electronically and we’ve passed the savings along to you - registrants save $20 on all 8-hour seminar pricing. To access the materials visit
My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.
Help Feed Those in Need- The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.