by Fmeaddons

Review of Current Critical Accounting and Auditing Concerns (CAAC)

$65

Explore the accounting and operational impact of recent FASB activity, including standards on revenue, leases, financial instruments, and other hot topics.

SKU: CAAC Category:

Description

This 4-credit CPE course provides an overview of the most critical recent FASB activity, such as standards on leases, revenue, financial instruments, and more.

Major Topics

  • Emerging issues impacting the accounting profession
  • Business impact on both large and small companies of applying the FASB’s recent guidance on consolidations
  • Accounting for the added income statement volatility resulting from recent FASB ASUs on financial instruments and stock-based compensation
  • Accounting and operational impacts of adopting Topic 606
  • Accounting and operational impacts of adopting ASU No. 2016-02
  • The accounting, business, and operational impact of other new or proposed ASUs

Learning Objectives

  • Recall the financial statement impact of other recent accounting standards updates
  • Comprehend the operational impact of recent and proposed accounting standards
  • Review the FASB’s new lease accounting guidance, ASU No. 2016-02
  • Understand and apply the FASB’s new revenue recognition standard, ASU No. 2014-09

Designed For

Practicing CPAs and their staffs, both in public accounting and business and industry — controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review

Prerequisites

Experience in financial accounting and reporting

Advance Preparation

None

Additional information

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Qualifies For

State Board Accreditation

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