Kentucky Society of Certified Public Accountants

Overview

This course provides a detailed discussion on the key topics related to financial reporting, though in a summarized format. The course will focus on recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners. Specifically, the course will review recently issued FASB standards on leases and provide an update on the status of ASC 842 implementation and other hot button accounting issues, such as what is on the FASB's technical agenda. This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting.

Prerequisites

Experience in financial accounting and reporting

Objectives

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

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

SUS0170

4 CPE Credits

Accounting: 4 Credits

Registration

Member Price:

$79

Non-member Price:

$109