FASB Projects Update Webinar (1.5 Hours)

FASB’s recent major changes will have a huge impact on business in many important areas such as lease accounting, financial instruments, revenue recognition, business combinations, 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
   – Government Assistance
   – Leases
   – Business Combinations (Contracts with Customers)
   – Stock Compensation
   – Presentation of Financial Statements
   – Earnings per Share
   – Intangibles—Goodwill and Other
   – Franchisors—Revenue from Contracts with Customers
   – Reference Rate Reform

•  FASB Technical Agenda
   – Overview
   – How topics are developed
   – Distinguishing liabilities from equity
   – Identifiable intangible assets and subsequent accounting for goodwill

•  Select New Standards
   – Simplifying the Accounting for Income Taxes
   – Investments (Equity, Joint Ventures, Derivatives, Hedging)
   – Receivable/Non-Receivable Fees and Other Costs

•  Revised Effective Dates—"Two Bucket" Approach
   – CECL
   – Leases
   – Hedges
   – Insurance

•  Recently Issued Exposure Documents (EDs)
   – Proposed Accounting Standard updates
   – Interim Reporting  (Topic 270)
      – Changes to interim disclosure requirements
   – Business Combinations (Topic 805)
   – Accounting for contract assets and liabilities from contracts with customers

•  IFRS New Standard Requirements
   – Comparisons to US GAAP
   – Contracts
   – Business combinations
   – Property, plant and equipment
   – Insurance

•  Reminder Topics for Consideration
   – Accounting for lease modifications, terminations, subleases
   – Going concern
   – Asset impairment
   – Goodwill and other indefinite-lived intangible impairment
   – Internal control implications of a remote working environment
   – Use of non-GAAP measures
   – SEC enforcement actions

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)