New

Common U.S GAAP Issues Impacting all CPAs (Self-Study)

Code: JI163993

Date Valid for one year from purchase date
Format Self-Study (On-Demand)
CPE credits CPE 10.5
Field(s)
of study
Accounting - Technical (10.5)
Fees
Standard member fee $139.00
checkmarkStandard nonmember fee $179.00

Members: Please log in to receive member fee.

Description

Are you looking for a review and update of common GAAP issues important to all CPAs? This broad-ranging CPE course covers FASB accounting and reporting developments that apply to all companies. Emphasizing financial statement disclosures in addition to accounting methods, the course presents implementation guidelines and disclosure illustrations from actual financial statements.

Who should take this program?

Accountants in practice and industry who need both an intermediate level review and an update on recent financial pronouncements

Major subjects

  • The financial reporting environment
  • Summary of recent FASB releases
  • Accounting and reporting topics common to most entities, including the following:
  • Recognizing revenue under the new standard
  • The new leasing model
  • Fair value accounting
  • Inventory
  • Intangible assets, goodwill, and asset impairment and disposal issues
  • Property, plant, and equipment -- including capitalized interest and nonmonetary transactions
  • Accounting for debt
  • Accounting for income taxes
  • Financial statement presentation and notes disclosures
  • The financial statements

Learning objective(s)

  • Identify and apply the latest FASB accounting and reporting guidance.
  • Describe current FASB exposure drafts and projects.
  • Prepare disclosures.

Notes:

Course code Code JI163993
Sponsor AICPA
NASBA ID#: 112891
Level Intermediate
Format Self-Study (On-Demand)
Prerequisites Prereq. None
Advance
prep
None