FASB Annual Update & Review: Critical Developments for all CPAs [FAUR Anc]

Full Description

FASB ANNUAL UPDATE AND REVIEW: CRITICAL DEVELOPMENTS FOR ALL CPAS

Date: November 20, 2013

Facility: AKCPA office
341 West Tudor Rd. #105
Anchorage, Alaska

Designed for practitioners and their staff, whether in public accounting or business and industry, this course will provide you with a comprehensive update and review of FASB accounting and reporting developments. Youll focus on recently issued Accounting Standards Updates and exposure drafts, analyzing guidance that has a major effect on all industries, including those covering revenue recognition and leases. Special attention is given to standard setters activities that affect small- and medium-sized entities. Examples, illustrations, and hands-on application exercises will be used to help you assess and implement the new standards applicable to your organization. Youll also be kept up-to-date on current FASB projects and ongoing FASB/IASB convergence activities.

Major Topics:
New and recent FASB Accounting Standards Updates
Revenue recognition
Leases
Current FASB exposure drafts
FASB Accounting and Reporting Project update
FASB/IASB international convergence activities
The FASB Accounting Standards Codification
Learning Objectives:
Identify and apply the latest FASB accounting and reporting standards
Review the most recent revenue recognition and leases EDs/standards
Be aware of current FASB exposure drafts and projects
Recognize FASB/IASB international convergence activities
Understand the FASB Accounting Standards Codification
Designed For: Practicing CPAs and their staff, both in public accounting and business and industry - controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review.
Level of Knowledge: Intermediate
Prerequisite: Experience in financial accounting and reporting
Advanced Preparation: None
CPE Credits: 8

Acronym: FAUR

Discussion Leader: Laura Lindal

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