This comprehensive course will highlight the impact of the current financial reporting environment on financial statement reporting, evaluate recently issued accounting and financial statement reporting standards from the Financial Accounting Standards Board, recall other financial reporting frameworks, and key implementation challenges and identify emerging financial reporting trends. Learning Objectives: After completing this course, you will be able to: Identify the most recent FASB accounting and financial statement reporting standards. Program Content: The major topics covered in this class include: CECL for nonfinancial institutions. Accounting for Paycheck Protection Program loans. Accounting for web-hosting services. Revenue recognition. Leases. FASB projects in progress. Who should attend: Members in Public and Members in Business Developed By: Pennsylvania Institute of CPAs Instructor: Allison M. Henry, CPA, CGMA CPE Credit: 4.00 Field of Study: Accounting (4.00) Prerequisites: None Advanced Preparation: None Format: QAS Self Study
Learning Objectives
Identify the most recent FASB accounting and financial statement reporting standards.
Major Topics
CECL for nonfinancial institutions. Accounting for Paycheck Protection Program loans. Accounting for web-hosting services. Revenue recognition. Leases. FASB projects in progress.