U.S. GAAP: Review of New Guidance and Hot Topics

Description

True to its name, this course offers a review of new guidance and hot topics in accounting. The new guidance portion covers a range of topics, including pronouncements, exposure drafts, and other guidance recently issued by FASB.
Concurrently, the course addresses hot topics, tackling major updates to accounting standards such as revenue recognition, credit losses, and leases, as well as key topics like fair value measurement.

Highlights

  • Financial accounting and reporting topics impacted by guidance recently issued or effective in the near term (such as leases and revenue recognition)
  • Review of significant accounting and reporting topics
  • Overview of FASB ASC 606
  • Overview of FASB ASC 842
  • Accounting and finance professionals

Objectives

  • When you complete this course, you will be able to:
  • Identify select FASB accounting and reporting guidance.
  • Recognize key requirements from FASB ASC 606, Revenue from Contracts with Customers.
  • Recognize key requirements from FASB ASC 842, Leases.

Designed For

Accounting and finance professionals


Leaders

Howard Sibelman

Howard Sibelman, CPA, As the former Education Director for Crowe Horwath International, Howard provided leadership on audit methodology, the CaseWare CH International Audit Template, training initiatives and accounting and auditing technical support to the CH International members.

Immediately prior to joining CH International, Howard was a Business Assurance Partner at Moss Adams. At Moss Adams, Howard was a member of the firm's International Services Group, IFRS Core Training Group, and Quality Control Coordinator for the Los Angeles office. Howard serves on the CalCPA Accounting Principles and Assurance Standards Committee and has extensive experience in accounting, auditing, and consulting to middle market companies.