Self-Study Text
(SSAA139/27) Surgent’s Financial Reporting Update for Tax Practitioners
Tax advisors will be updated on the most recently enacted legislation and IRS guidance as well as updates of recent standard-setting activities at the FASB and AICPA. To start, the course will review the significant tax, financial accounting, auditing, accounting services, and ethics guidance issued by standard setters over the past few years. The course...
Read More
Self-Study Text
(SSAA223/27) Surgent’s Financial Statement Disclosures: A Guide for Small and Medium-Sized Businesses
A clear and concise set of proper financial statement disclosures can make or break an entity's financial statements. Such disclosures are no longer simply additional information provided by a business; they can be complex in nature and difficult to both prepare and understand, especially for small and medium-sized businesses. Oftentimes financial statement users will first...
Read More
Self-Study Video
(SSAA242/27) Surgent’s Examining ASC 842, Leases: More Than Meets the Eye
Implementing ASU No. 2016-02, Leases (Topic 842) is sure to have a major impact on your balance sheet and potentially on your business as well. This course is a one-stop shop for what you need to know about the now-effective changes to the lease accounting guidance. In this course, we will review how to measure...
Read More
Self-Study Text
(SSAA259/27) Surgent’s Revenue Recognition – U.S. GAAP vs. IFRS
This course provides an overview of the similarities and key differences between the revenue recognition standards issued by the FASB (ASC Topic 606) and the IASB (IFRS 15). While these standards are materially similar as the regulators worked jointly to issue the new converged standards, there are notable differences that are good to understand. However,...
Read More
Self-Study Video
(SSAA153/27) Surgent’s Mastering Accounting for Income Taxes
Since its inception nearly 30 years ago, many have continued to struggle with applying the current model for accounting for income taxes, ASC 740. But this does not have to be you. This course will provide you with the basic knowledge necessary to understand the complexities of this challenging topic. Through discussions and the use...
Read More
Self-Study Text
(SSAA169/27) Surgent’s Non-GAAP Financial Statement Options: Cash, Modified Cash, and Tax Basis
For many businesses, preparing financial statements using a special purpose framework may provide an alternative to the complexity of U.S. GAAP. This course will provide you with an overview and hands-on application in preparing financial statements using common special purpose frameworks such as tax basis and cash or modified cash basis financial statements. You will...
Read More
Self-Study Video
(SSAA238/27) Surgent’s Revenue Recognition for Long-Term Construction and Similar Contracts: Topic 606 Implementation Challenges
For those entities who formerly recognized revenue under the guidance of Statement of Position 81-1, Accounting for Performance of Construction-Type and Certain Production-Type Contracts (SOP 81-1/ASC 605-35), understanding the basics of Topic 606 is not enough. In order to effectively apply Topic 606, you need a detailed understanding of how to recognize revenue over time...
Read More
Self-Study Text
(SSAA226/27) Surgent’s Goodwill Impairment Basics
This course provides a basic overview of goodwill impairment testing. The accounting and reporting requirements related to goodwill are prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 350-20. This course focuses on the subsequent measurement requirements including the accounting alternative allowed for certain eligible entities. This course also addresses briefly describes the...
Read More
Self-Study Text
(SSAA186/27) Surgent’s Construction Contractors: Accounting and Financial Reporting Issues
Accounting and financial reporting for construction contractors may be the most difficult area to comply with the various standards. Construction engagements are, in many instances, more complicated than most lines of business due to the many users of the financial statements. In this course, we will discuss why construction accounting and financial reporting is so...
Read More
Self-Study Text
(SSAA144/27) Surgent’s Annual Accounting Update
Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides an overview of accounting matters including private company standard setting activities; a review of ASU No. 2016-02, the lease accounting standard; ASC 606 topics; and a review of ASC 326 on credit losses.
Read More
