This course includes GAAP financial accounting and reporting topics in conjunction with an overview of select recent FASB pronouncements. Applicable to a broad cross section of CPAs, this course focuses on key issues for CPAs in business and industry. Utilizing detailed descriptions and examples of how to implement the new standards, this course instructs you on how to assess key new and recent FASB guidance having a major effect on all industries. It will allow you to gain an understanding of select pronouncements and exposure documents, and how to develop implementation strategies.
Learning Objectives
Identify and apply select FASB accounting and reporting guidance. Identify key current FASB exposure drafts and projects.
Major Topics
The financial reporting environment Summary of key recent FASB releases Key financial accounting and reporting topics impacted by guidance recently-issued or effective in the near term (such as leases, revenue recognition, and going concern) Review of key significant accounting and reporting topics and associated practice issues
