Overview
FASB’s recent major changes will have a huge impact on business in many important areas. This self-study webinar from our SEC Conference will update you on what these changes are and show you the most effective ways to handle them.
AGENDA HIGHLIGHTS
• FASB Process & Key Projects
– Pre-Agenda
– Initial deliberations
– Exposure draft
– Redeliberations
– Final standards
• New Effective Guidance
– Recognition and measurement of revenue contracts with customers in a business combination
– Supplier finance programs
– Liabilities
• FASB's Future
– Segment reporting
– Joint venture (JV) formations
– Improvements to income tax disclosures
– Accounting and disclosure of crypto assets
– Disaggregation
– Accounting and disclosure of software costs
LEARNING OBJECTIVE To update public company accountants and other financial professionals on the FASB's latest rule changes
and the status of current and upcoming projects and proposals.
PREREQUISITE None. ADVANCE PREPARATION None. PROGRAM LEVEL Update. NASBA FIELD OF STUDY Accounting.
DELIVERY METHOD Self-Study.
Speakers
SPEAKER
Bobbi Gwinn, Director, Professional Practice, Accounting, BDO
Detailed Learning Objectives
• Identify the number of impairment requirements issued in 2023
• Identify FASB projects currently in the deliberation stage
• Recognize the provisions of ASU 2023-07
• Recognize the entities DISE applies to
• Recognize the criteria in which ASU 2023-08 applies
• Identify the required disclosures applicable to public entities under the Income Tax Disclosure project