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Private Company Accounting: New Challenges, New Directions 4172905D
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The convergence process is winding down. FASB and the IASB have issued new revenue recognition standards and lease accounting changes will soon follow. Whether or not IFRS becomes the basis for U.S. accounting standards, the convergence and private company accounting changes impact activities well beyond financial reporting. Understand how FASB convergence project and private company reporting can affect your company.

1/12/2018
When: 7:30 AM to 3:00 PM
Where: Webinar/Webcast
United States
Presenter: William F. O'Brien, CPA, MBA
Contact: April Deneault
801-466-10845


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Curriculums:   Accounting and Financial Statements,Business and Industry,Finance, Financial Management. and Controllership

NASBA Credit Category:  Accounting

CPE Hours:  8

Description

The convergence process is winding down. FASB and the IASB have issued new revenue recognition standards and lease accounting changes will soon follow. Whether or not IFRS becomes the basis for U.S. accounting standards, the convergence and private company accounting changes impact activities well beyond financial reporting. Understand how FASB’s convergence project and private company reporting can affect your company.

Materials are provided as an ebook.



Major Subjects

  • Revenue recognition accounting
  • Lease accounting
  • Financial instrument accounting
  • Financial statement presentation

Objectives

  • Recognize the new FASB standards for revenue recognition and lease accounting.
  • Identify the available accounting standard choices for private companies.
  • Determine 10 actionable items to help you and the businesses you advise prepare for unpredictable times ahead.
  • Identify critical operations issues.

Level:  Intermediate

Designed For

CFOs, controllers and managers involved with financial reporting.

Advanced Prep:

None.

Prerequisite

Some financial management experience.

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