Self-Study
Annual Accounting Update
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Wednesday, May 1, 2024 – Wednesday, April 30, 2025
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4.00CREDITSAccounting
Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides an overview of recent accounting matters including private company standard setting activities; a review of ASU No. 2016-02, the FASB's new lease accounting standard; hot topics related to ASC 606; and a review of ASC 326, the soon-to-be-effective guidance on credit losses.
Objectives
- Be aware of recent private company standard setting activities
- Review recently issued FASB Accounting Standards Updates
- Understand the new lease standard
- Recall hot topics related to applying ASC 606
- Recall the basics of accounting for credit losses under ASC 326
Highlights
- Private company standard setting activities
- FASB Accounting Standards Updates
- Revenue recognition
- Leases
- Credit losses