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Designed for practitioners and their staff, whether in public accounting or business and industry, this course provides an overview of recent FASB accounting and reporting developments. The course begins by reviewing recent Private Company Council (PCC) activities and recently issued Accounting Standards Updates (ASUs), analyzing guidance that has a major effect on all industries, including those covering revenue recognition and leases and the accounting and financial reporting considerations related to COVID-19. Special attention is given to standard setters’ activities that affect small and medium-sized entities. Examples and illustrations provide hands-on application to help you assess and implement the new standards and guidance applicable to your practice and clients.

Why Attend?

  • 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

Who Should Attend?

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

This virtual seminar is being offered through our partnership with Midwest State CPA Societies.  Instructions for how to launch the course will follow.

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