Financial Accounting Standards

This series of interactive workshops offer more than just a review of hot accounting topics. They are a deep dive into recent changes in areas such as private company accounting, codification, presentation, acquisitions, leases and taxes. You will refresh your research skills and practice using codification. Case studies and real-life examples will be studied and help you understand and apply the information covered.

Instructor: Summer M. Taylor, CPA


GAAP, The Codification Overview, Professional Judgment

Subjects Covered: Current FASB Agenda, GAAP Hierarchy, Codification, Overview Professional Judgment Framework

  • Time: 8:30—10:20 a.m.
  • Credits: CPE 2, AA 2
  • Dates: Nov 18 | Dec 29

Financial Statement Presentation

Subjects Covered: Change in accounting presentation

  • Time: 10:30 a.m.—12:15 p.m.
  • Credits: CPE 2, AA 2
  • Dates: Nov 18 | Dec 29

Acquisitions, Asset Impairment and Restructuring

Subjects Covered: Acquisitions, Long-lived asset impairment, Goodwill impairment, Intangible impairment, Restructuring costs

  • Time: 12:45—2:45 p.m.
  • Credits: CPE 2, AA 2
  • Dates: Nov 18 | Dec 29

Stock Based Compensation

Subjects Covered: Common types of stock compensation, Accounting for stock compensation, Valuing stock based compensation

  • Time: 2:55—4:00 p.m.
  • Credits: CPE 1, AA 1
  • Dates: Nov 18 | Dec 29

Revenue Now and Future

Subjects Covered: Current revenue standards under ASC 605, Accounting for multiple element arrangements, Future changes to revenue standards under ASC 606

  • Time: 8:30—10:20 a.m.
  • Credits: CPE 2, AA 2
  • Dates: Nov 19 | Dec 30

Leasing Now and Future

Subjects Covered: Current lease accounting under ASC 840, Common errors in lease accounting, Future lease accounting model under ASC 842

  • Time: 10:30—11:30 a.m.
  • Credits: CPE 2, AA 2
  • Dates: Nov 19 | Dec 30

Taxes Accounting and Disclosure

Subjects Covered: Income Tax Accounting, Income taxes disclosures

  • Time: 12—1 p.m.
  • Credits: CPE 1, AA 1
  • Dates: Nov 19 | Dec 30

Financial Instruments and Fair Value

Subjects Covered: Investments, Consolidation, Derivatives, Fair Value

  • Time: 1—2:30 p.m.
  • Credits: CPE 1.5, AA 1.5
  • Dates: Nov 19 | Dec 30

Reporting and Disclosure

Subjects Covered: Going concern, Subsequent events, Contingency disclosures

  • Time: 2:40—4 p.m.
  • Credits: CPE 1.5, AA 1.5
  • Dates: Nov 19 | Dec 30