What's Going on at the FASB

This course will cover the Accounting Standards Updates (ASUs) issued by the FASB that will be effective this year including a deep dive into Topic 842, Leases as well as those that will be effective in the near future. The course will address those standards that will be effective for public and private entities in 2022.

Learning Objectives

Describe new ASUs issued by the FASB
Identify the key financial reporting changes of the leases
List standards that will be effective in the near future

Major Topics

FASB Update
ASUs Effective
Leases

CPE Credits Available

Total CPE

4: Accounting & Auditing

Things to Know About This Course

Course Level

Update

Prerequisites

Prior experience with GAAP

Advanced Preparation

None

Intended Audience

Ideal for practitioners and members in industry responsible for accounting and financial reporting

Provider

ACPEN