Event Description

This session will cover an in-depth review of recent activities of the Financial Accounting Standards Board. As always, the FASB is issuing new accounting standards and standards issued in prior years are becoming effective.

Objectives

Identify and summarize the most recent Accounting Standards Updates (ASUs) issued by the Financial Accounting Standards Board (FASB), including their scope, intent, and effective dates.Analyze the impact of newly effective standards on financial reporting, disclosures, and compliance requirements for various entities.Apply key provisions of recently issued and effective standards to real-world scenarios through case studies and practical examples.