New FASB Developments (Completed)

The presentation will assist you in obtaining a reasonable and high-level understanding of financial reporting issues. Examples, descriptions, and practical implementation solutions will be used to assist the professional in gaining an understanding of the problems and issues facing them with important, complicated, and new pronouncements for the future.

Who Should Attend
Professionals in corporate management and public accounting who need a review of new and recent FASB pronouncements.

Topics Covered

• Revenue Recognition
• Leases
• Financial Instruments
• Private Company Council status and agenda items
• FASB issues with newly released and to be issued pronouncements
• International standards. Their impact and status
• A future view of GAAP
• Other recent and new topics as deemed timely and necessary

Learning Objectives

• Describe identification and implementation of new and recent FASB standards
• Recognize pending FASB pronouncements and agenda items

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
Experience in accounting and application of financial reporting standards.

Advance Preparation
None