Selected Topics in GAAP Webinar

Overview: 

If you’re looking for an update on critical GAAP topics, this is the webinar for you. This continually updated course will refresh the accountant’s knowledge of key pronouncements and cover an array of GAAP issues including:

  • Contingencies and uncertainties
  • Goodwill impairment
  • Accounting for interest
  • The impact of COVID-19

 

Objective: 

To provide financial professionals with a survey of key topics in US GAAP. You’ll explore the rules for subsequent events, fair value, going concerns and more.

Emphasis: 
  • Goodwill impairment, including special treatments and exceptions
  • Accounting for interest
  • Contingencies, uncertainties, guarantees and use of "more likely than not"
  • Fair value and Other-Than-Temporary Impairment (OTTI)
  • R&D and advertising
  • Nonmonetary transactions
  • Subsequent events
  • Going concerns and the liquidation basis of accounting
  • Accounting for deferred taxes, including changes from the FASB Simplification Initiative
  • The impact of COVID-19
Bottom
Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
8.00
NASBA Field of Study: 
Accounting