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Webcast: GAAP Update (CAGAPUP116)
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When: 07/06/2016
8:30 AM until 4:00 PM
Where: Webcast
United States
Presenter: Mark E. Dauberman, CPA

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CPE8 hours
Accounting & Auditing
PrerequisiteKnowledge of generally accepted accounting principles and awareness of the FASB Accounting Standards Codification.
Adv PrepNone
Who should attend CPAs responsible for making certain that financial statements conform with GAAP, as well as auditors and internal CPAs who are part of the financial reporting process.
CPA Non-Members $375

The Member rate applies to LCPA members, reciprocal state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.


Stay on top of accounting principles by reviewing all pronouncements issued since 2014, including those by the FASB Private Company Council and other amendments to the FASB Accounting Standards Codification. You'll gain a comprehensive understanding of the pronouncements as they relate to you and your clients, as well as information on significant pronouncements that are likely to be issued in the near future. Plus, determine when it is appropriate to apply these guidelines to transactions and arrangements that have similar characteristics, but for which there is not authoritative guidance.

Course material includes summaries of each of the pronouncements, including the reasons behind their issuance and their effects on financial reporting.


  • Identify changes to each major subject in the FASB Accounting Standards Codification as a result of Accounting Standard Updates (ASUs) issued since 2014.
  • Determine when it is appropriate to apply alternatives available as a result of pronouncements of the FASB Private Company Council (PCC).
  • Determine how to apply ASU changes to client financial statements.
  • Recognize changes to areas such as accounting for goodwill, accounting for derivatives and variable interest entities.
  • Identify upcoming changes to revenue recognition accounting.


  • Business combinations and consolidations
  • Imputation of interest
  • Derivatives and hedging
  • Inventory
  • Fair value measurements and disclosures
  • Going concern issues
  • Impairments of goodwill and other intangibles

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