Topics covered include:
Relevant accounting standards affecting 2017 calendar year end financial statements;
Implementation considerations of revenue recognition and lease standards;
Private Company Council standards and application;
Adoption and disclosure requirements for 2017 year-end financial statements.
Upon completing this course, you should be able to:
Recognize required GAAP reporting requirements for your company or clients;
Properly apply new accounting standards;
Strategize for implantation of revenue recognition and lease standards;
Identify areas where Private Company Council standards can be applied;
Recognize and apply the amendments to various ASU Topics;
Identify how companies should prepare pro forma financial statements to prepare for implementation of ASU No. 2016-02 (Topic 842) Leases;
Differentiate which ASU updates do not include new disclosure requirements;
Recognize how changes affect a company when implementing a new standard.
$ 34.00
Course is unavailable for purchase.
NASBA Field of Study
Accounting
Level
Update
CPE Credits
2.0
Prerequisites
Basic understanding of GAAP.
Last Updated
04/02/2018
12782
This Site uses cookies to store information on your device. Some are essential to make our Site work properly; others help us improve the visitor and user experience. By using the Site, you consent to the placement of these cookies. Read our privacy policy to learn more.