Overview

8.0 Credits
IN-PERSON

Which FASB ASUs become effective in the next year and beyond? How should the new guidance be applied? Address GAAP financial accounting and reporting topics in conjunction with an overview of recent FASB pronouncements. Utilizing detailed descriptions and examples of how to implement the new standards, review how to assess new and recent FASB guidance having a major effect on all industries, gain an understanding of the latest pronouncements and exposure documents and how to develop implementation strategies.

Objectives

  •     Identify and apply select FASB accounting and reporting guidance.
  •     Identify the latest FASB final guidance.
  •     Identify current FASB exposure drafts and projects.

Major Topics

  • The financial reporting environment
  • Summary of recent FASB releases
  • 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

Prerequisite

Experience in the application of accounting standards

Advanced Preparation

None

Sessions

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Tuesday, January 19, 2021

General Sessions
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