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Annual FASB Update and Review (FUR4)

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Live Webinar SELECT STARTING AT $159 (2 dates)

Credits: 4

Qualifies For: CPE

Instructor(s): Richard Daisley, CPA

$159

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Self-Study SELECT STARTING AT $79 (On Demand)

Downloadable PDF

Credits: 4

Qualifies For: CPE

$79

Textbook

Credits: 4

Qualifies For: CPE

$139
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Annual FASB Update and Review (FUR4)

  • Customer Rating
    Not Yet Rated
  • Field of Study
    Accounting
  • Level
    Intermediate
  • Credits
    4
  • Qualifies for

    CPE

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. Specifically, the course will review recently issued FASB standards on leases and provide an update on the status of ASC 842 implementation 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.

Major Topics:

  • Private company standard setting activities
  • Recent FASB Accounting Standards Updates (ASUs)
  • Topic 842, Leases
  • Topic 326 on Impairment
  • Lessons learned and sustainment efforts related to Topic 606

Learning Objectives

  • Be aware of recent private company standard setting activities
  • Review the latest FASB Accounting Standards Updates (ASUs)
  • Understand the new lease accounting guidance found in Topic 842, Leases
  • Recall the applicability of ASC Topic 326 to accounts receivable balances
  • Recall key provisions of recently issued FASB Updates

Designed for:

Practicing CPAs and their staffs, 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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