Live Stream Business and Industry Fest: Annual FASB Update and Review
103 | Livestream | Update | Scheduled
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 with a concentration on issues of greatest significance to most accounting practitioners. Specifically, the course will review recently issued FASB standards on leases and provide an update on the status of ASC 606 implementation and other hot button accounting issues, such as what is on the FASB’s technical agenda. This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting.
|Number of Credits||Type of Credits|
Practicing CPAs and their staffs, both in public accounting and business and industry, controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review.
Experience in financial accounting and reporting
- Private company standard setting activities
- Recent FASB Accounting Standards Updates (ASUs)
- Topic 842, Leases
- Topic 326 on Impairment
- Lessons learned and sustainment efforts related to Topic 606
- Be aware of recent private company standard setting activities
- Review the latest FASB Accounting Standards Updates (ASUs)
- Understand the new lease accounting guidance found in Topic 842, Leases
- Recall the applicability of ASC Topic 326 to accounts receivable balances
- Recall key provisions of recently issued FASB Updates
- Member (Early Bird)
- Non-Member (Early Bird)
Jason Carney, CPA, CISA, PMP, CISSP, CCSP
Jason is a Lead Information Security Analyst with Thomson Reuters. He has more than 15 years of experience in public accounting, consulting, and industry. His specialties include information security, tax problem resolution, and data analysis. Jason has worked in Federal Finance, Information Security, and Tax.
Jason is a member of the Minnesota Bar and was a President’s Scholar at the University of Saint Thomas Law School. He co-founded the Scott County Conciliation Clinic and represents impoverished debtors pro bono in association with the Volunteer Lawyers Network. He wrote “What is Business Intelligence and Why Should CPAs Care?” for Footnote magazine and contributed to the upcoming publication What Every Lawyer Needs to Know About Client Trust Accounts.Back to Instructors