Objective
- Be aware of recent private company standard setting activities
- Review the latest FASB Accounting Standards Updates (ASUs)
- Understand the new lease accounting guidance found in Topic 842, Leases
- Recall the applicability of ASC Topic 326 to accounts receivable balances
- Recall key provisions of recently issued FASB Updates
Highlights
- Private company standard setting activities
- Recent FASB Accounting Standards Updates (ASUs)
- Topic 842, Leases
- Topic 326 on Impairment
- Lessons learned and sustainment efforts related to Topic 606
Designed For
Practicing CPAs and their staffs, both in public accounting and business and industry, controllers, accountants, and other financial accounting personnel involved in financial statement preparation and reviewPrerequisite
Experience in financial accounting and reportingAdvanced Preparation
None