2018 GAAP Update

Authored by Lewis Fisher
About this Course
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
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NASBA Field of Study
Accounting
Level
Update
CPE Credits
2.0
Prerequisites
Basic understanding of GAAP.
Last Updated
04/02/2018
12782