GAAP Update | CPE Online

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GAAP Update Self-Study Webinar

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Available Formats:

Self-Study

$399

CPE Credits: 10 Hours
Overview

This self-study webinar is designed for the accountant who wants to keep abreast of the latest rules and regulations affecting financial accounting and reporting. In addition to getting a complete review of key new pronouncements, you will:

  • Discover how the latest pronouncements affect your company or clients
  • Benefit from an analysis of new and emerging developments
  • Get a sneak preview of where the standard setters are heading
Objective

To familiarize participants with the accounting and reporting requirements of recent pronouncements. This self-study webinar reviews the current activities of the standard setters and the expected impact on current and future accounting and reporting.

 

DETAILED LEARNING OBJECTIVES

• Identify the effective date of specified ASUs

• Recognize the effective date for accounting standards issued in 2023 for joint venture formation

• Identify the relationship between discount rates and fair value

• Recognize the practical expedient options offered in ASU 2023-01

• Identify the codification improvements to credit losses under ASU 2019-04 and ASU 2019-11

• Identify the result of ASU 2020-06 on separation models used to account for convertible debt instruments

• Identify the discount rate election available to lessees under ASU 2021-09

• Recognize the disclosure requirements under ASU 2023-06

• Recognize the effect of ASU 2019-02 on accounting for costs of film and license agreements for program materials

• Identify the mandatory disclosure requirements applicable to supplier finance programs under ASU 2022-04

• Identify mandatory disclosures for contributed nonfinancial assets applicable to NFPs under ASU 2020-07

• Identify SEC guidance and prohibitions regarding non-GAAP measures

• Recognize the elements of the SEC’s proposed climate rule

• Identify the restrictions on the use of the lease standard’s package of practical expedients 

• Identify the characteristics of a financing lease

• Identify how a lessee’s finance lease payments are shown in income statements and statement of cash flows

• Recognize the accounting implications of a lease modification that does not result in a separate new lease

• Recognize specified characteristics of a SPAC

• Identify SEC concerns with accounting for SPACs 

 

Emphasis
  • Accounting Standards
  • Impairment Testing
  • Leases
  • Convertible Instruments & Debt
  • Joint Venture Formation
  • Accounting for Income Taxes
  • SEC Items
  • Nonpublic Company Issues
  • Crypto Assets
  • Segment Reporting
  • Proposed Standards Update
    – Business combinations
    – Accounting for internal software
    – Induced conversion of debt
    – Interim reporting
  • FASB Projects
  • Non-GAAP Measures
  • Climate Change Accounting & Disclosure Proposals
  • Special Purpose Acquisition Companies (SPACs)
  • Current SEC Issues
  • SEC Rule on Disclosures of Cybersecurity Risks

Available Formats:

Self-Study

$399

CPE Credits: 10 Hours

This course is included in the following passes:

Applicable Passes:
Not available
Anytime Pass
Self-Study Pass
Combo Pass
Evening & Weekend Pass

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Prerequisite
Basic knowledge of financial accounting and reporting
Level of Knowledge
Overview
CPE Credits
10 Hours
NASBA Field of Study
Accounting
Title
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