This course will provide an introduction to current and forthcoming accounting issues for accountants in industry and the CPAs who serve them. You may select approximately six modules, each of which will have 1.5 CPE hours devoted to them. The focus will be on issues most relevant to CPAs who work with or for small-to-medium sized clients. Extensive examples and real life illustrations will be used. Materials are continually updated in the light of new standards and developments.
Learning Objectives
Select the topics to be covered in this seminar based on your interests
Obtain a broad-based understanding of a wide range of accounting issues today day and in the coming 12 months
Understand how SEC, AcSEC, EITF, ASB, and IASB are adapting to demands for different, more timely, and accurate financial information
Major Topics
Select up to six (6) modules:
1. FASB Overview – Where are they headed?
2. Revenue Recognition – Where are we headed?
3. Lease Accounting – Where are we headed?
4. Financial Instrument Accounting – Where are we headed?
CPAs in industry who prepare and analyze financial reports. CPAs in practice with who need an overview of current accounting standards will also find the course to be beneficial
Instructor(s)
Ray Thompson
Prerequisites
Familiarity with financial reports and/or accounting standards
