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ADDRESS: 901 Dulaney Valley Road, Suite 800
Towson, MD 21204
PHONE: 888-481-3500
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FASB / SAS Update (Latest Edition) (Accounting Updates)COURSE ID: FSU
DESCRIPTION

This course will familiarize participants with those FASB statements and SAS pronouncements that impact local CPA firms. Course content will emphasize those issues most relevant to smaller firms with no SEC clients. Coverage will reflect the most recently issued authoritative literature and illustrate implementation issues and reporting alternatives.

DESIGNED FOR: Accountants in public practice and industry who need a comprehensive review of recent accounting and auditing pronouncementsFIELD OF STUDY: Accounting, AuditingLEVEL: UpdatePREREQUISITES: Prior learning or experience with accouniting and auditing standardsCOURSE PRODUCER: Business Learning InstituteCREDITS: 8.0OBJECTIVES:
  • Upon completion of this course, participants will be able to:
  • Gain an up-to-the-minute understanding of newly issued and forthcoming accounting and auditing standards
  • Implement recently issued guidance involving going concern, intangibles, impairment, and not-for-profit accounting
  • Prepare for the new revenue recognition and lease accounting standards
  • Implement private company (PCC) standards involving consolidation, goodwill impairment, and interest rate swaps.
  • Walk away with the latest update on SSARS 21, including engagement-driven compilations and the new preparation standard
  • Be aware of recent FASB standards and how they will affect your clients
  • Recognize how recent ASB standards affect audit practice in key areas
  • Identify current and proposed standards involving EITF, FASB, PCAOB, ASB and IASB
HIGHLIGHTS:

* FASB overview * Progress on FASB & IASB’s convergence agenda and the effect on both public and non-public companies * An early look at implementing the newly-issued final Standards on revenue recognition, consolidations and lease accounting and their likely consequences * Accounting for financial instruments * Recent developments in private company reporting * Compilation and review update * Recent FASB developments * Auditing standards update

UPCOMING SCHEDULED COURSES
DATE NAME LOCATION ORGANIZATION PUBLIC/PRIVATE CREDITS
11/02/17RICPA FASB / SAS Update (Latest Edition)Rhode Island Society of CPAs CranstonRhode Island Society of CPAsPublic8.0
Download the 2016 Business Learning Institute Course Catalog DOWNLOAD PDF
Business Learning Institute - Course Catalog
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