Revenue Recognition, Leases, and Financial Instruments: The FASB's "Big Three" New Standards
Sometimes we can avoid addressing the elephant in the room for a while. However, when there are three elephants in the room, its time to address the issues. Designed for practitioners and their staff, whether in public accounting or business and industry, this course provides a comprehensive review and update of the FASBs Big 3 accounting and reporting areas: Revenue Recognition, Leases, and Financial Instruments, including equity securities, hedging and impairment. We will focus on recently issued Accounting Standards Updates, covering these critical areas of your practice or organization. We will analyze the Big 3, which have a major effect on all industries, using examples and illustrations to provide a hands-on approach that will help you better assess and implement the new standards and guidance applicable to your clients or organization.
The FASBs comprehensive new revenue recognition standard, Topic 606, Revenue from Contracts with Customers, and recent updates to the standard
The new five-step principles-based revenue recognition model
Revenue presentation, disclosures, and implementation guidance and illustrations
The FASBs new ASU, Leases (Topic 842), including recent updates to the new guidance
Overall lease accounting guidance
Lessee vs. Lessor accounting
The FASBs issued ASUs relating to financial instruments on recognition and measurement, impairment, and hedging
Understand and apply the FASBs new revenue recognition standard found in ASC Topic 606
Review the FASBs new lease accounting guidance
Be familiar with the FASBs new guidance covering the new ASUs dealing with recognition and measurement, impairment, and hedging
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
Early Registration Member Fee
Applicable if you are a HSCPA member in good standing and register by November 20, 2019.
Applicable if you are a HSCPA member in good standing.
Early Registration Non-Member Fee
Applicable if you are not a HSCPA and register by November 20, 2019.
Applicable if you are not a HSCPA member.
Neighbor Island Discount
Applicable for Neighbor Island members in good standing
Associate Neighbor Island Discount
Applicable for Associate Neighbor Island members in good standing
CPE ChoiceLearn more about CPE Choice.
|CPE Choice Fee||$250.00|