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Annual Accounting Update (ACU4)

  • Format Self-Study Download
  • Credits 4.00
  • Level Update
  • Field of Study Accounting (4)

Overview

Designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, this course provides an overview of recent accounting matters including private company standard setting activities; a review of ASU No. 2016-02, the FASB’s new lease accounting standard; hot topics related to ASC 606; and a review of ASC 326, the soon-to-be-effective guidance on credit losses.



Major Topics:

  • Private company standard setting activities
  • FASB Accounting Standards Updates
  • Revenue recognition
  • Leases
  • Credit losses

Learning Objectives:

  • Be aware of recent private company standard setting activities
  • Review recently issued FASB Accounting Standards Updates
  • Understand the new lease standard
  • Recall hot topics related to applying ASC 606
  • Recall the basics of accounting for credit losses under ASC 326

Who should take this course:

Accounting and auditing practitioners at all levels desiring to remain up to date on recent accounting pronouncements and other standard setting activities

Experience in financial reporting

None

No

No

No

QAS Approval Surgent
IRS Approval Surgent
CFP Approval Surgent
CTEC Approval Surgent
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