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Surgent's GAAP Hot Topics - What You Need to Know Download

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Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
Level:: Basic

This course provides an overview of several of the key accounting and reporting topics within U.S. GAAP. This includes a discussion of accounting for business combinations, revenue recognition principles, and leasing transactions. This course also addresses topics such as goodwill impairment, segment reporting, how to account for software (both internal-use and for resale) as well as requirements related to accounting changes and error corrections.

Objective

Recognize financial statement disclosures related to business combinations
List the five steps involved in the new revenue recognition model
Determine whether an arrangement contains a lease
Identify the recognition requirements related to goodwill
Identify key characteristics of operating segments
Distinguish between software that is considered internal-use and not considered internal-use
Differentiate between the requirements for the different types of accounting changes
Recognize examples of different types of non-GAAP financial measures

Highlights

An overview of key accounting and reporting topics within U.S. GAAP
A discussion of accounting for business combinations, revenue recognition principles, and leasing transfers
Goodwill impairment, segment reporting, and how to account for software
Requirements related to accounting changes and error corrections

Designed For

Financial practitioners who want an overview of the key accounting and reporting topics within U.S. GAAP

Prerequisite

None

Advanced Preparation

None