Overview
FASB’s recent major changes will have a huge impact on business in many important areas such as financial instruments, leases, effective ASUs, and more. This webinar from our SEC Conference will update you on what these changes are and show you the most effective ways to handle them.
AGENDA HIGHLIGHTS
• Accounting Standard Updates
– Liabilities
– Fair Value Measurement
– Financial instruments—credit losses
– Derivatives and hedging
• Select New Standards
– Government assistance (Topic 832)
– Transition requirements
– Differences from current GAAP
– Leases Topic 842
– ASU 2020-6
– Modified transition method
– Full retrospective transition method
– Liabilities—supplier finance programs
– Fair value measurement and equity securities
• FASB Technical Agenda
• Recently Issued Exposure Documents (EDs)
– Proposed Accounting Standards Update
• Reminder Topics for Today
– Impairments
– Fair value measurements
– Valuation allowances
– Going concern
– Use of non-GAAP measures
LEARNING OBJECTIVE To update public company accountants and other financial professionals on the FASB's latest rule changes
and the status of current and upcoming projects and proposals.
PREREQUISITE None. ADVANCE PREPARATION None. PROGRAM LEVEL Update. NASBA FIELD OF STUDY Accounting.
DELIVERY METHOD Group Internet-Based.
This live webinar is also available as a self-study webinar
FASB Projects Update Self-Study Webinar (2 Hours)
Speakers
SPEAKER
Bobbi Gwinn, Director, Professional Practice, Accounting, BDO
Workshop
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Forum
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