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Practical Annual Accounting Updates for Industry

Description

This course provides a practical overview of the most important issues facing most companies and their accountants.  The focus is on explaining the basis behind major accounting and financial reporting issues and trends in plain language, enabling professionals to understand the most important aspects of relevant generally accepted accounting principles, and why any planned or potential changes are coming down the pike.

Learning Objectives
  • Describe “hot topics” in accounting and financial reporting, including the impact of COVID-19 
  • Explain the major implementation considerations for transitioning to new accounting standards
  • Discuss practical examples of implementing changing technical, professional and relevant regulatory requirements
Major Topics
  • The latest FASB standard-setting activity, including significant projects on the horizon
  • Understanding the impact of COVID-19 on accounting and financial reporting
  • The impact of the new revenue recognition, financial instruments, and lease accounting rules as it relates to entities not in specialized industries such as financial institutions and insurance
  • How looming changes in long-term debt classification rules could impact your disclosures, including going concern uncertainty disclosures 
  • Other accounting and financial reporting matters that should be on your radar
Provider
Business Learning Institute
Course Level
Update
CPE Field of Study
Accounting
4
Who Should Attend

Public and industry accountants at all levels interested in remaining current on accounting and financial reporting requirements

Instructor(s)
Jennifer Louis
Prerequisites

Knowledge of currently effective generally accepted accounting principles

Location
LIVE- ONLINE WEBCAST
Event Information
When
Oct 2, 2020
8:00 am - 12:00 pm EST
Location
LIVE- ONLINE WEBCAST
Total CPE Credits
4
Format
Live Webcast

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Practical Annual Accounting Updates for Industry


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