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.
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.
Experience in financial accounting and reporting.
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.
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.
Arthur G. Pulis has been actively involved in training and consulting since 1981. During that time he has been awarded numerous awards as a training professional by state CPA societies, banking organizations, and the AICPA, where he was included among the top seminar leaders several times. Prior to entering consulting, Pulis had a varied career in financial services having worked for The Bank of New York and other banks in New Jersey. For several years, he was founder and chief operating officer of Horizon Creditcorp, which was then the world’s largest yacht finance company.
Non-Member Price $200.00
Member Price $159.00