This course provides a detailed discussion on the key topics related to financial reporting, though in a summarized format. The course will focus on recent ASUs issued by the FASB, including the 12 ASUs issued in 2025, with a concentration on issues of greatest significance to most accounting practitioners. The greatest emphasis on the ASUs will focus on those effective in 2025 and 2026. Specifically, the course will review ASUs addressing financial instruments, disaggregated expenses, government grants, credit losses under ASC 326, and the final stages of the ASC 842 post-implementation review (PIR) report findings. Other hot-button accounting issues, such as what is on the FASB’s technical agenda, are also discussed.
This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting.
Experience in financial accounting and reporting.
None
Practicing CPAs and their staffs, both in public accounting and business and industry, as well as controllers, accountants and other financial accounting personnel involved in financial statement preparation and review.
