October 1, 2025


Webinar


2 CPE

Private Company Simplified GAAP Alternatives

October 1, 2025
Webinar
2 CPE

Private Company Simplified GAAP Alternatives

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    Instructor

    Jennifer
    Louis

    View Bio

Learning Objectives

  • List the recognition, measurement, presentation and disclosure options only available to nonpublic business entities in U.S. GAAP
  • Explain the benefits of adopting the U.S. GAAP alternatives, and the most advantageous time to do so
  • Apply illustrative examples for how financial statements look different before and after application of the allowable simplifications in accordance with U.S. GAAP

Major Topics

  • Guidance, related to "plain vanilla" interest rate swaps that convert variable into fixed rate debt and other derivatives
  • Guidance related to amortization and impairment of goodwill
  • Guidance related to separately recognizing intangible assets from goodwill in a business combination
  • Guidance related to lease accounting and revenue recognition options

CPE Credits Available

2 CPE
2
Accounting

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting

Advanced Preparation

None

Intended Audience

Public and industry accountants responsible for monitoring fair presentation of financial statements 

Provider

ACPEN

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