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Industry Accounting Update 2017-2018 (INAC)

Wednesday, August 7, 2019
01:00 PM - 04:30 PM (Eastern)

Jeff Sailor

  • Format Webinar
  • Credits 4
  • Level Update
  • Field of Study Accounting (Technical) (4)

$139.00


Overview

The amount of change in the accounting profession is staggering, making it tough for the average CPA to keep up. For those CPAs in industry, this can be especially difficult, as many of your responsibilities go far beyond accounting. Therefore, this course will focus on issues of interest to those accountants who work in industry, rather than public accounting. It will not cover any compilation, review or audit issues, practice management or any of those other topics you despise! In this course, Jeff Sailor will bring his truly unique presentation style to cover the most important topics you need to know. He will cover present the latest GAAP pronouncements, along with his signature video parodies, which are designed to keep you awake and reinforce the material.

Major Topics:

  • Going concern
  • Revenue from contracts with customers
  • Accounting for leases
  • Credit losses
  • Inventory
  • Standards under the Simplification Initiative
  • Statement of Cash Flows

Learning Objectives

  • Describe the new provisions for Going Concern
  • Comprehend the new provisions for Credit Losses
  • Describe the new provisions for Subsequent Measurement of Inventory
  • Summarize the main provisions of the new Lease standards
  • Explain the major changes for Revenue Recognition
  • Apply the simplification standards provided by the FASB under the Simplification Initiative

Who should take this course:

Accountants in industry

Basic understanding of accounting

None

No

No

No

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