FASB Projects Update Self-Study Webinar (2 Hours)

FASB Projects Update Self-Study Webinar (2 Hours)

CPE Credit: 2 Hours

Price: $159.00

NASBA Field of Study: Accounting

 

Overview

FASB’s recent major changes will have a huge impact on business in many important areas. This self-study 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


•  FASB Process & Key Projects
   – Pre-Agenda
   – Initial deliberations
   – Exposure draft
   – Redeliberations
   – Final standards

•  New Effective Guidance
   – Recognition and measurement of revenue contracts with customers in a business combination
   – Supplier finance programs
   – Liabilities

•  FASB's Future
   – Segment reporting
   – Joint venture (JV) formations
   – Improvements to income tax disclosures
   – Accounting and disclosure of crypto assets
   – Disaggregation
   – Accounting and disclosure of software costs

 

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  Self-Study.

Speakers

SPEAKER


Bobbi Gwinn, Director, Professional Practice, Accounting, BDO

Detailed Learning Objectives

• Identify the term period FASB Board members are appointed to

• Identify FASB projects currently on the pre-agenda

• Identify the time period joint ventures are permitted after formation date to obtain the necessary information to identify and measure the total net assets, assets acquired, liabilities assumed and any noncontrolling interest

• Recognize the provisions of ASU 2023-07

• Recognize the entities DISE applies to

• Recognize the criteria in which ASU 2023-08 applies

• Identify the required disclosures applicable to public entities under the Income Tax Disclosure project

• Recognize the disclosure requirements for public companies as it relates to cybersecurity

• Identify look-back period for recovery of erroneously awarded compensation