WL008523: FASB Update for Small & Medium-Sized Businesses—A Practical Implementation Guide
This course provides a detailed discussion on the key topics related to financial reporting. The course will focus on all recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners. Specifically, the course will review all recently issued FASB updates with a focus on those related to leases (ASC 842) and credit losses (ASC 326), which will impact virtually all companies. The course will address other challenging areas of accounting, such as accounting for income taxes and for debt instruments. Lastly, it will provide you with a comprehensive review of recent Private Company Standard-Setting activities and what is on the FASB’s technical agenda. This course is the place to go for a detailed understanding of all the goings on at the FASB that impact smaller and medium-sized companies.
Event Level: Intermediate
Required Knowledge: Experience in financial accounting and reporting
Advanced Preparation: None
Who Should Attend: Small and medium-sized 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
Vendor: Surgent
Speaker: Daryl Krause
- * Be familiar with recent private company standard-setting activities * Review recently issued FASB Accounting Standards Updates that relate to small and medium-sized businesses * Review the FASB’s recently issued lease accounting standard * Understand the changes coming with the FASB’s new credit losses standard * Be aware of other important practice matters * Utilize hands-on examples and illustrations to increase your overall understanding and application of the material
Date Presented:
October 27, 2023 8:30 AM Eastern
Length:
7 hours, 45 minutes
Member Price:
$270.00
Non-Member:
$380.00
Accounting: 8.00