U. S. GAAP: Latest Developments and Key Topics for Business & Industry

Date: March 16, 2017 Time: 8:00 am - 3:30 pm EST Location: Columbia, MD CPE: 8 Format: In-Person
EVENT DESCRIPTION

This course includes GAAP financial accounting and reporting topics in conjunction with an overview of recent FASB pronouncements. Applicable to a broad cross section of CPAs, this course is a must for CPAs in business and industry. Utilizing detailed descriptions and examples of how to implement the new standards, this course instructs you on how to assess new and recent FASB guidance that have a major effect on all industries. It will allow you to gain an understanding of the latest pronouncements and exposure documents, and how to develop implementation strategies.

LEARNING OBJECTIVES
Identify and apply the latest FASB accounting and reporting guidance.
Identify current FASB exposure drafts and projects.
Identify disclosure requirements.
MAJOR TOPICS
The financial reporting environment
Summary of recent FASB publications
Accounting for financial assets and derivatives
Accounting for leases
Fair value accounting
Accounting for Investments Under the Equity or Cost Method
Business combinations, goodwill, and variable interest entities
Intangible assets, goodwill, and asset impairment and disposal issues
Revenue recognition
Long-lived assets: Interest capitalization and nonmonetary transactions
Investments in Debt and Equity Securities
EVENT DETAILS
PROFESSIONAL AREAS OF FOCUS
Accounting & Auditing Business & Industry
CPE FIELD OF STUDY
Accounting (8 Credits)
WHO SHOULD ATTEND
Accountants, controllers, internal auditors, and other management-level accounting personnel and educators
INSTRUCTOR(S)
William Eskin
PREREQUISITES
Experience in application of accounting standards
COURSE LEVEL
Update
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