Surgent's FASB Update: New and Recent Accounting Standards Updates (Self-Study)

Code: JSDLFUPD

Date Valid for one year from purchase date
Format Self-Study (Downloadable PDF)
CPE credits CPE 2.0
Field(s)
of study
Accounting - Technical (2.0)
Fees
Standard member fee $39.00
checkmarkStandard nonmember fee $39.00

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Description

Designed for practitioners and their staff, whether in public accounting or business and industry, this course will provide you with an update of recently issued FASB Accounting Standards Updates (ASUs), including a comprehensive review of the new revenue recognition standard and guidance found in ASC Topic 606, Revenue from Contracts with Customers.

Who should take this program?

Practicing CPAs and their staff, both in public accounting and business and industry -- controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review

Major subjects

  • Recently issued FASB Accounting Standards Updates
  • ASC Topic 606, Revenue from Contracts with Customers, including updates issued during 2016
  • 2016 issued Updates dealing with accounting for leases and certain financial instruments

Learning objective(s)

  • Identify and apply the latest FASB Accounting Standards Updates
  • Review key changes to lease accounting introduced by ASU No. 2016-02, Leases
  • Review the status of the FASB's Financial Instruments project, including key provisions in the new standards on Classification and Measurement and Impairment
  • Review the FASB's comprehensive new revenue recognition standard found in ASC Topic 606, Revenue from Contracts with Customers
  • Review updates issued by the FASB in 2016 that impact ASC Topic 606, Revenue from Contracts with Customers

Notes:

Course code Code JSDLFUPD
Sponsor Surgent
NASBA ID#: 103212
Level Intermediate
Format Self-Study (Downloadable PDF)
Prerequisites Prereq. Experience in financial accounting and reporting
Advance
prep
None