August 23, 2019


City of Pelham Pelham Civic Complex

8 Total CPE Credits


Revenue Recognition, Leases, and Financial Instruments: The FASB's "Big Three" New Standards

  • Instructor

    Gregory Clark

Learning Objectives

  • Understand and apply the FASB's new revenue recognition standard found in ASC Topic 606
  • Review the FASB's new lease accounting guidance
  • Be familiar with the FASB's new guidance covering the new ASUs dealing with recognition and measurement, impairment, and hedging

Major Topics

  • The FASB's comprehensive new revenue recognition standard, Topic 606, Revenue from Contracts with Customers, and recent updates to the standard
  • The new five-step principles-based revenue recognition model
  • Revenue presentation, disclosures, and implementation guidance and illustrations
  • The FASB's new ASU, Leases (Topic 842), including recent updates to the new guidance
  • Overall lease accounting guidance
  • Lessee vs. Lessor accounting
  • The FASB's issued ASUs relating to financial instruments on recognition and measurement, impairment, and hedging

CPE Credits Available

Total CPE
Accounting & Auditing

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • A & A


Experience in financial accounting and reporting

Advanced Preparation


Intended Audience

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


Surgent McCoy CPE

This event has ended.