Description

This two-part interactive workshop reviews the hottest accounting topics and recent changes in areas such as private company accounting, revenue recognition, going concern and other specialized subjects. Refresh research skills and practice using codification. Case studies and real-life examples will help attendees readily apply the information covered. This course is one of two parts of Financial Accounting Standards: A Comprehensive Review. Please be sure to also register for Part 2.

Target Audience

CPAs, accountants and financial professionals.

Course Objectives

• Recognize ways to improve research skills
• Identify recent changes to accounting standards
• Identify common disclosure deficiencies
• Determine how to enhance internal accounting documentation
• Identify accounting research and accounting and disclosure requirements in areas such as presentation of accounting changes, Private Company Accounting Alternatives, fair value, impairment, revenue recognition, lease accounting and income taxes

Subjects

• Application of professional judgment
• Codification, GAAP and the GAAP hierarchy
• Recent changes in financial statement presentation
• Hot Topics in financial reporting & accounting