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(4192905D) Private Company Accounting: New Challenges, New Directions
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Understand how FASB's convergence project and private company reporting can affect your company. The convergence process is winding down. FASB and the IASB have issued new revenue recognition and lease accounting standards. 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. IFRS convergence and private company accounting changes impact activities well beyond financial repor

2/14/2020
When: 02/14/2020
9:30 AM
Where: Webcast
CALCPA
4192905D
United States
Presenter: William F. O'Brien, CPA, MBA


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Acronym PCA
CPE 8
Vendor CalCPA
Category
Accounting
Level Intermediate
Yellow Book?
Registration Fees
Members* $245
Non-Members $375

*The Member rate applies to UACPA members and reciprocal state society members. To register online, use the ‘Register’ button above. To register by phone, call the UACPA at 801-466-8022, Monday through Friday, 8am to 4pm.

Course Description

Understand how FASB's convergence project and private company reporting can affect your company. The convergence process is winding down. FASB and the IASB have issued new revenue recognition and lease accounting standards. 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. IFRS convergence and private company accounting changes impact activities well beyond financial reporting. Awareness of IFRS adoption efforts by the SEC is one thing; understanding how FASB's convergence project and private company reporting can affect your company is a very different issue. You cannot afford to miss this critical, entertaining and interactive course.

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.

Major Topics

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

Designed For: CFOs, controllers, managers and financial professionals.

Prerequisite: Some financial management experience.

Note: Login instructions will be provided by the webcast vendor.

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