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Annual Accounting Update (ACU4)

  • Format Self-Study Download
  • Credits 4.00
  • Level Update
  • Field of Study Accounting (Technical) (4)

Overview

Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides an overview of recent accounting matters including: Private Company Standard Setting activities; recently issued Accounting Standards Updates (ASUs); the FASB’s comprehensive new Revenue Recognition standard, Topic 606; a brief update of the FASB’s new Lease Accounting standard -- ASU No. 2016-02; changes to the adoption dates for PCC alternatives and other important accounting matters.



Major Topics:

  • Private Company Standard Setting activities
  • FASB Accounting Standards Updates
  • Revenue recognition
  • Leases
  • Other important accounting matters

Learning Objectives:

  • Be aware of recent Private Company Standard Setting activities
  • Review recently issued FASB Accounting Standards Updates
  • Understand the FASB’s comprehensive new revenue recognition standard, Topic 606
  • Understand the new Lease standard
  • Be aware of other important accounting matters

Who should take this course:

Accounting and auditing practitioners at all levels desiring to remain up-to-date on recent accounting pronouncements and other standard setter activities

Experience in financial reporting

None

No

No

No

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