Self-Study Video
(SSAA474/26) Surgent’s Controllership Skills Update – Budgeting, Forecasting, and Big Data
Budgets are the vehicle for allocating resources, measuring activities, and identifying needed changes and improvements. An organization's strategy is the primary driver of costs. To be effective, the budget must be linked to strategy and long-term plans. Numerous organizations have achieved a series of short-term targets (budgets) but failed longer term, demonstrating the lack of...
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(SSAA435/26) Surgent’s Lease Accounting: The Impact of Changing Standards on Both Lessors and Lessees
The effective date for ASU 2016-02, Leases (Topic 842) is finally here. The new standard eliminates one of the largest forms of off-balance sheet accounting and requires most leases to be brought onto the balance sheet irrespective of their classification as either financing or operating. The new guidance in ASC 842 also makes other changes...
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Self-Study Video
(SSAA573/26) Surgent’s Quarterly Fraud Update (Original Air Date: 12/6/24)
Fraud continues to be at record highs. According to NASDAQ's Global Financial Crime Report, fraud schemes and bank frauds led to global losses of over $485 billion. Four of the most cited frauds were customer fraud, cybercrime, asset misappropriation, and bribery and corruption. From global banking giants to local charities and mom-and-pop shops, no entities...
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(SSAA493/26) Surgent’s Disclosure Requirements for SEC Form 8-K
This course provides an overview of the disclosure requirements for SEC Form 8-K, the broad form used to notify investors in U.S. publicly traded companies of certain events that may be important . This course provides an overview of the key disclosure requirements for several of the triggering events requiring the filing of a Form...
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Self-Study Video
(SSAA487/26) Surgent’s Construction Contractors: Accounting and Financial Reporting Issues
Accounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also, construction engagements are, in many instances, more "dangerous" 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...
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(SSAA503/26) Surgent’s FASB Update for Small and Medium-Sized Businesses: A Practical Implementation Guide
This course provides a detailed discussion on the key topics related to financial reporting. The course will focus on all recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners. Specifically, the course will review all recently issued FASB updates, with a focus on those related to...
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Self-Study Video
(SSAA578/26) Surgent’s Guide to the Topic 606 Revenue Recognition Model for All CPAs
While the effective date of Topic 606 has passed for companies, there will always be a need for a comprehensive review of the accounting related to revenue recognition, including recently issued changes to this guidance. Whether you are looking to improve your revenue recognition processes, benchmark your financial statement disclosures against your peer group, or...
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(SSAA521/26) Surgent’s GAAP Hot Topics – What You Need to Know
This course provides an overview of several of the key accounting and reporting topics within U.S. GAAP. This includes a discussion of accounting for business combinations, revenue recognition principles, and leasing transactions. This course also addresses topics such as goodwill impairment, segment reporting, how to account for software (both internal-use and for resale) as well...
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(SSAA579/26) Surgent’s ASC 606 Insights: Licensing Revenue and Financial Statement Disclosures
This course provides an overview of critical challenges companies encounter under ASC 606, emphasizing several key areas that can be particularly challenging for effective revenue recognition. This includes licensing arrangements, with an emphasis on how to recognize revenue from agreements that grant customers rights to use or access intellectual property. This course also addresses the...
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Self-Study Video
(SSAA449/26) Surgent’s Going Concern Accounting and Reporting Considerations
This course will review the relevant considerations related to going concern, including assessing when substantial doubt concerning an entity's ability to continue as a going concern exists, management mitigation efforts, and required disclosures both when management, and the accountant, feel such efforts will be effective in mitigating the risk, as well as when they do...
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