Course ID: GAAPC

GAAP for the CPA

The complexity of U.S. GAAP continues to present challenges for the CPA. Constant changes to existing standards present major challenges and often result in more confusion than clarity. This program is specifically tailored to the CPA and covers the ins and outs of troublesome areas in existing U.S. GAAP, including income taxes, other comprehensive income, cash flows, fair value, impairments, and other common issues encountered by CPAs, with emphasis on U.S. GAAP alternatives promulgated by the Private Company Council. The course includes numerous practical examples, and participants will have the opportunity to work out the mechanics of complex standards during the seminar.


LEARNING OBJECTIVES
  • Participants will be able to:
  • Explain the accounting for specific U.S. GAAP requirements
  • Apply troublesome pronouncements

MAJOR TOPICS
  • Income taxes
  • Other comprehensive income
  • Cash flows
  • Fair value accounting
  • Impairments
  • Variable interest entities
  • Interest rate swaps
  • Guarantees
  • Concentrations
  • U.S. GAAP alternatives for privately held companies
  • New revenue recognition guidance, lease accounting, and financial instruments standards

DESIGNED FOR
CPAs preparing financial statements. This course provides answers to some of the more complicated accounting issues facing the CPA.

FIELD OF STUDY
Accounting

PREREQUISITES
None

COURSE PRODUCER
Loscalzo Associates

CPE CREDITS
8.0

LEVEL
Basic

This course is available for your group as:

Group Live
 

Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.


Or, contact BLI: 888-481-3500 or learn@blionline.org