February Special - Only $25 for 4 CPE Credit Hours - Accounting Update: A Complete Review of Key New Pronouncements Webinar (4 Hours)

Overview: 

Are you looking for a high-level update on the most recent changes to US financial reporting? This webinar will bring you up to date on the latest FASB pronouncements and will explain how to:

  • Apply the latest rules to your company’s financial statements
  • Implement recent FASB codification updates
  • Anticipate future developments
Objective: 

To update financial professionals on the latest developments in financial reporting from the FASB. You’ll learn how to apply all the most recent pronouncements effectively and efficiently. You’ll also gain an understanding of how the FASB’s convergence projects with the IASB impact new guidance. This webinar will also provide a review of the latest SASs.

Emphasis: 
  • Overview of revenue recognition: recent interpretations
  • FASB Exposure Drafts, projects and proposals
  • Leases—adopting the New Standard
  • Financial instruments, credit losses, and extinguishment of debt
  • Financial statement presentation, including cash flows and comprehensive income
  • Business combinations and consolidations, including:
    – Push down accounting
    – Clarifying the definition of a business
  • Changes to impairment of goodwill and intangible assets with indefinite lives
  • FASB Simplification Initiative
    – Deferred tax, inventory measurement
    – Development stage entities, classification of debt on the balance sheet and more
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Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
4.00
NASBA Field of Study: 
Accounting