Annual FASB Update and Review WEBCAST

Thursday, April 23 8:00am - 11:30am

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4 Credits

Member Price $159.00

Non-Member Price $200.00

Overview

Designed for practitioners and their staff, whether in public accounting or business and industry, this course provides an overview of recent FASB accounting and reporting developments. The course begins by reviewing recent Private Company Council (PCC) activities and recently issued Accounting Standards Updates (ASUs), 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 and illustrations provide hands-on application to help you assess and implement the new standards and guidance applicable to your practice and clients.

Highlights

Private company standard setting activities. Recent FASB Accounting Standards Updates (ASUs). Revenue Recognition – Topic 606, Revenue from Contracts with Customers, and its related updates. Topic 842, Leases. Other recently issued FASB Updates.

Prerequisites

Experience in financial accounting and reporting.

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 review.

Objectives

Be aware of recent private company standard setting activities. Review the latest FASB Accounting Standards Updates (ASUs). Understand and apply the FASB’s comprehensive new Revenue Recognition guidance – Topic 606, Revenue from Contracts with Customers, and its related updates. Understand the new lease accounting guidance found in Topic 842, Leases. Recall key provisions of recently issued FASB Updates.

Preparation

None.

Notice

None.

Leader(s):

Leaders

Marty Van Wagoner

Child, Van Wagoner & Bradshaw, PLLC / Salt Lake City, UT

Marty Van Wagoner is a partner at Child, Van Wagoner & Bradshaw, PLLC, (CVB) a firm specializing in national and international SEC clients, subsidized housing entities and taxes. He earned a BA in accounting and an MBA at the University of Utah, after which he went directly to work for KPMG. In his ten years at KPMG he specialized in the audits of manufacturing companies. After KPMG, he worked about a year and a half at placement agencies and then formed his own CPA firm.

During that time Marty did contract work quite consistently with the same individuals; it was decided they formally join forces to create (CVB). His emphasis at CVB is the audit of SEC filing companies with an emphasis on international businesses.

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Non-Member Price $200.00

Member Price $159.00