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Tuesday, October 31, 2023 Live Webcast

Annual FASB Update and Review (X1-FUR4-2023-01-WEBNR-304-01)

1:30 PM - 5:30 PM EDT
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

This course provides a detailed discussion on the key topics related to financial reporting, though in a summarized format. The course will focus on recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners, including recently released ASUs. Specifically, the course will review recently issued FASB standards on leases and provide an update on ASC 842 and ASC 326 post-implementation items and other hot button accounting issues, such as what is on the FASB’s technical agenda. This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting.

DESIGNED FOR

Practicing CPAs and their staffs, both in public accounting and business and industry, as well as controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review

BENEFITS

  • Be aware of recent private company standard setting activities
  • Review the latest FASB Accounting Standards Updates (ASUs)
  • Understand the recently implemented lease accounting guidance found in Topic 842, Leases
  • Recall key provisions of recently issued FASB Updates
  • Understand the key provisions and updates to Topic 326, Current and Expected Credit Losses (CECL)

HIGHLIGHTS

  • Private company standard setting activities
  • Recent FASB Accounting Standards Updates (ASUs), including those addressing crypto assets (i.e., cryptocurrency
  • Topic 842, Leases
  • ASC 326: CECL

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in financial accounting and reporting

ADVANCE PREPARATION

None

INSTRUCTOR

R. Wayne Wells

R. Wayne Wells, CPA, CFE
(4.6)

AICPA/Professional Development Institute

Robert “Wayne” Wells has 53 years of experience in public accounting and annually instructs numerous virtual continuing education seminars and in-firm training classes for continuing education providers in the areas of accounting, auditing, fraud, and taxation. Wells began his career in public accounting in 1970 with the national firm of what was then Touché, Ross & Co. in Nashville, Tennessee. In 1974, he joined a local firm in Nashville and provides accounting, auditing, fraud investigation, and tax services to small- and medium-sized businesses, as well as extensive tax services to individuals. Wells graduated from Austin Peay State University in Clarksville, Tennessee, in 1970 with a Bachelor of Science degree in accounting and economics. He holds a certified public accountant certificate in Tennessee and is also a Certified Fraud Examiner. He is a member of the Tennessee Society of Certified Public Accountants, the Association of Certified Fraud Examiners, and the American Institute of Certified Public Accountants. He is a recipient of the Outstanding Discussion Leader Award presented by the Tennessee Society of Certified Public Accountants, the Outstanding Discussion Leader Award presented by the AICPA, and the Outstanding Discussion Leader Award presented by Surgent.

PRICING

$149.00 - Member

$169.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Surgent