23WC-0040: A New Way to Look at Financial Reporting (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Thursday, April 20, 2023
10:00am - 1:30pm Central Time
4 CPE (4 technical)
In July 2010 FASB issued a draft Exposure Draft on Financial Statement Presentation. This document proposed significant changes to the Balance Sheets, Income Statements and Statements of Financial Position for all companies. Major push-back from Corporate America encouraged the removal of this topic from FASB's active agenda and its conversion to a research project entitled Financial Performance Reporting. The project still has life. This course reviews the current conditions that resulted in this unusual proposal and its initial reception by the financial reporting community. Although FASB has not established a timeframe for the issuance of a final pronouncement, the approach presented offers a unique alternative to financial reporting. Join us in a dynamic and thought-provoking session as we learn to think differently about financial reporting. For a full discussion of this topic, consider Financial Reporting Changes in Greater Detail as an add-on to this course.
Major subjects
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Reformatted financial statements overview
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Status of accounting's perfect storm
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Four cases
Learning objective(s)
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Review the content of the proposed reformatted financial statements
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Understand what led to these changes
Who should take this program?
CFOs, controllers and other financial managers
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$209.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
Standard Member Fee |
$159.00
|
Standard Nonmember Fee |
$209.00
|