U.S. GAAP: Review of New Guidance and Hot Topics

Tuesday, August 27, 2024
8:00am - 3:30pm (opens at 7:30 AM) EST
8Credits
Accounting and Auditing

Registration is Open

Members
$295.00 Regular Price
Non-Members
$395.00 Regular Price
Course Type: CPE Seminars
Course Code: 24/MAGAAWS
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Accounting

Overview:

True to its name, this course offers a review of new guidance and hot topics in accounting. The new guidance portion covers a range of topics, including pronouncements, exposure drafts, and other guidance recently issued by FASB. Concurrently, the course addresses hot topics, tackling major updates to accounting standards such as revenue recognition, credit losses, and leases, as well as key topics like fair value measurement.

Speaker - Joselin Martin

Objectives:

• Identify select FASB accounting and reporting guidance. • Recognize key requirements from FASB ASC 606, Revenue from Contracts with Customers. • Recognize key requirements from FASB ASC 842, Leases.

Major Topics:

• Financial accounting and reporting topics impacted by guidance recently issued or effective in the near term (such as leases and revenue recognition) • Review of significant accounting and reporting topics • Overview of FASB ASC 606 • Overview of FASB ASC 842

Major Topics:

• Financial accounting and reporting topics impacted by guidance recently issued or effective in the near term (such as leases and revenue recognition) • Review of significant accounting and reporting topics • Overview of FASB ASC 606 • Overview of FASB ASC 842

Designed For:

• Identify select FASB accounting and reporting guidance. • Recognize key requirements from FASB ASC 606, Revenue from Contracts with Customers. • Recognize key requirements from FASB ASC 842, Leases.

Prerequisites:

Experience in the application of accounting standards