Webcast: Understanding the High Stakes Mega Issues in A&A Today (XSIAA417)
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With the recent release of a series of high-impact new accounting standards, the impact of these pronouncements will take center stage over the next few years. In addition to new accounting guidance, these standards have the potential to change how companies do business. In this course, we will explore the accounting and operational impact of recent FASB activity, including standards on revenue, leases, financial instruments, consolidation and other hot topics. One of the best ways to add val

6/29/2017
When: 06/29/2017
12:00 PM until 3:30 PM
Where: Webcast
Surgent
IAA4-2017-01-WEBNR-180-01
United States
Presenter: Richard Daisley, CPA


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AcronymXSIAA417
CPE4 hours
VendorSurgent
Category
Accounting & Auditing
LevelIntermediate
PrerequisiteExperience in financial accounting and reporting
Adv PrepNone
Yellow Book?No
Designed forPracticing 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
Registration
Member$139
CPA Non-Member$189

The Member rate applies to LCPA members, other 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.

Course Description

With the recent release of a series of high-impact new accounting standards, the impact of these pronouncements will take center stage over the next few years. In addition to new accounting guidance, these standards have the potential to change how companies do business. In this course, we will explore the accounting and operational impact of recent FASB activity, including standards on revenue, leases, financial instruments, consolidation and other hot topics. One of the best ways to add value as an accountant is to be in front of the pack with the best knowledge and insights. This course is designed to give you the latest information on these mega issues in accounting so you can be a true business advisor.

Objectives

  • Understand and apply the FASB’s new revenue recognition standard, ASU No. 2014-09
  • Review the FASB’s new lease accounting guidance, ASU No. 2016-02
  • Recall the financial statement impact of other recent accounting standards updates
  • Comprehend the operational impact of recent and proposed accounting standards

Topics

  • Accounting and operational impacts of adopting ASU No. 2014-09
  • Accounting and operational impacts of adopting ASU No. 2016-02
  • Accounting for and added income statement volatility resulting from recent FASB ASUs on financial instruments and stock-based compensation
  • Business impact on both large and small companies of applying the FASB’s recent guidance on consolidations
  • The accounting, business, and operational impact of other new or proposed ASUs