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FASB Update: New and Recent Accounting Standards Updates (FUPD)

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Downloadable PDF

Credits: 2

Qualifies For: CPE

$39

Textbook

Credits: 2

Qualifies For: CPE

$49

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FASB Update: New and Recent Accounting Standards Updates (FUPD)

  • Customer Rating
  • Field of Study
    Accounting
  • Level
    Intermediate
  • Credits
    2
  • Qualifies for

    CPE

Overview

Designed for practitioners and their staff, whether in public accounting or business and industry, this course will provide you with an update of recently issued FASB Accounting Standards Updates (ASUs), including a comprehensive review of the new revenue recognition standard and guidance found in ASC Topic 606, Revenue from Contracts with Customers.

Major Topics:

  • Recently issued FASB Accounting Standards Updates
  • ASC Topic 606, Revenue from Contracts with Customers, including updates issued during 2016
  • 2016 issued Updates dealing with accounting for leases and certain financial instruments

Learning Objectives

  • Identify and apply the latest FASB Accounting Standards Updates
  • Review key changes to lease accounting introduced by ASU No. 2016-02, Leases
  • Review the status of the FASB's Financial Instruments project, including key provisions in the new standards on Classification and Measurement and Impairment
  • Review the FASB’s comprehensive new revenue recognition standard found in ASC Topic 606, Revenue from Contracts with Customers
  • Review updates issued by the FASB in 2016 that impact ASC Topic 606, Revenue from Contracts with Customers

Designed for:

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

Prerequisite:

Experience in financial accounting and reporting

Advanced Preparation:

None

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
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