This course will cover critical updates from the Financial Accounting Standards Board (FASB), focusing on the latest Accounting Standards Updates (ASUs) that impact financial instruments, leases, and intangible assets.  

Key Topics Include: 

• ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Understand the measurement of credit losses on financial instruments and its implications for risk assessment and financial reporting. 
• ASU 2023-01, Leases (Topic 842): Explore common control arrangements and other post-adoption matters in lease accounting to ensure compliance with current standards. 
• ASU 2023-08, Intangibles – Goodwill and Other – Crypto Assets (Subtopic 350-60): Delve into the accounting and disclosure requirements for crypto assets, a rapidly growing area of interest and complexity. 
• Changes to Uniform Guidance (2 CFR 200): Gain insights into recent modifications to the Uniform Guidance, enhancing your understanding of federal funding compliance.