Event Description

This course focuses on explaining the theory behind major issues and trends, enabling professionals to understand the most important aspects of relevant technical standards related to accounting and financial reporting.

Designed For

Public and industry accountants at all levels interested in remaining current on U.S. GAAP requirements

Objectives

• Identify “hot topics” in accounting and financial reporting
• Recall “plain language” explanations of current and emerging U.S. GAAP requirements
• Explain why new accounting standards were released, and the most significant impact on financial reporting 
• List practical examples of responding to on-going and emerging risks relevant to accounting and finance professionals

Major Subjects

• The latest FASB standard-setting activity, including significant projects on the horizon 
• Understanding the impact of current period changing accounting standards 
• How to appropriately address on-going or emerging accounting and reporting issues due to the current environment 
• Nonpublic entity alternatives within U.S. GAAP important to the current environment