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Home > Webcast - Financial Accounting & Reporting Update for Corporate Accountants

Webcast - Financial Accounting & Reporting Update for Corporate Accountants

Overview: 

Increasingly complex and controversial accounting issues and disclosures create difficult challenges for today’s busy financial executives. In this two-day webcast’s problem-solving sessions, you will:

  • Gain real-world knowledge on how to best handle the latest rule changes from the SEC, FASB and more
  • Compare new and existing standards and determine what changes impact you
  • Be prepared for future changes
Objective: 

To review complicated financial accounting and reporting requirements recently promulgated by rulemaking bodies, including the FASB, IASB, AICPA and SEC. This continually updated two-day program summarizes the rulemakers’ current activities and thinking and their expected impact on future accounting and reporting and what you need to do to stay compliant.

Emphasis: 
  • Recent FASB pronouncements and other works in process
    – Impairment testing: goodwill and indefinite-lived intangibles
    – Business combinations, consolidations and noncontrolling interests: effective control, disclosures and proposals
    – Fair value update, including OTTI, receivables, valuation and troubled debt restructuring
    – Financial instruments, derivatives, hedging and FX update
    – Recent developments on the joint FASB/IASB project on leases
    – Pension and multi-employer plans update
    – Going concerns: liquidation basis, risks and uncertainties
    – Industry-specific projects and pronouncements
  • Variable Interest Entities (VIEs): review and update
  • Stock-based compensation: review and update
  • International convergence and principles-based accounting
  • Private company reporting: IFRS for SMEs and AICPA proposed Financial Reporting Framework for Nonpublic Entities
  • Materiality: uses and abuses
  • Financial statement presentation: reducing complexity, offsetting assets and liabilities, comprehensive income, disclosures and proposals
  • FASB Revenue Recognition Project, Joint FASB/IASB Exposure Draft and recent developments
  • SEC reporting: hot topics, recent enforcement cases, SEC proposed regulations, compliance issues, filing requirements
Bottom
Prerequisite: 

Basic knowledge of financial accounting and reporting.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

NASBA Field of Study: 

Accounting

CPE Credit: 

16 Hours

 

 

Source URL: http://www.cpeonline.com/seminar/webcast/webcast---financial-accounting-%2526-reporting-update-for-corporate-accountants-8