Current Developments in Accounting and Financial ReportingCode: 21-CDEV

Price: $129.00
Add to Cart

Course Details


385
 pages

 

Objective: To discuss a variety of new developments related to accounting and financial reporting.

The purpose of this course is to inform the reader of the various changes to accounting and financial reporting affecting the accounting professional. Topics include a review of FASB projects including those related to financial performance, leases, and financial instruments, practice issues involving the statement of cash flows, fair value reporting, pensions, the international convergence project, little GAAP, and more. The structure of the course is to encourage the reader to recall existing GAAP rules coupled with identifying, stating and outlining rules related to new and proposed pronouncements.

The course also has a discussion of accounting and financial reporting issues related to COVID-19.


After reading the Section I course material, you will be able to:

  • Identify some of the 12 recommended principles for the Comprehensive Business ReportingModel
  • Recall the definition of free cash flow
  • Recognize some of the key ratios used to analyze working capital
  • Identify some of the symptoms of inefficiently managed working capital
  • Identify some of the key differences in the clawback provisions found in Sarbanes-Oxley andDodd-Frank
  • Recognize one of the characteristics of a multi-employer pension plan
  • Identify some of the key benefits and disadvantages of the principles-based system
  • Recall one of the reasons why U.S. convergence with international standards has not occurred
  • Identify a key change made to lease accounting by ASU 2016-02
  • Recognize the general structure of the FASB Accounting Standards Codification (ASC)
  • Recognize some of the differences between IFRS for SMEs and IFRS
  • Recognize how to account for deferred income taxes under the Tax Cuts and Jobs Act
  • Identify how to account for deferred tax assets and liabilities when converting from S to Ccorporation
  • Recognize how to present deferred income taxes on the balance sheet under ASU 2015-17
  • Identify some unusual transactions and how they are recorded on the statement of cash flows
After reading the Section II course material, you will be able to:
  • Recognize the types of arrangements that qualify a not-for-profit entity for ASU 2019-06’saccounting alternative elections related to goodwill amortization and acquisitions
  • Recognize the accounting alternative for certain related-party leases in ASU 2018-17
  • Identify the impairment test for goodwill under ASU 2017-04


Presentation Method:  Self-Study

 

Category:  Accounting

CPE credit:  16 Hours

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase

For more information regarding refunds, complaints, or cancellation policies, please contact our offices at 817-477-0222.

American CPE, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.   Complaints regarding registered sponsors may be addressed to:  National Registry of CPE Sponsors, 150 Fourth Ave. North, Nashville, TN 37219-2417.  Web site:  www.nasba.org

NASBA Sponsor number 108096

Processing...
$129.00

Select Desired Format:



Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
Y.C. NC
12/21/2015
Verified Buyer
2 of 2 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
L.V. WI
12/05/2015
Verified Buyer
2 of 3 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
S.N. NC
11/23/2015
Verified Buyer
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
L.T. HI
11/10/2015
Verified Buyer
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
M.A. Saudi Arabia
11/01/2015
Verified Buyer
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
J.G. NJ
10/02/2015
Verified Buyer
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
J.M. FL
09/23/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting
This Review Imported from our standard course evaluations.
K.L. CA
08/31/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
T.H. AL
08/10/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
C.V. NV
07/27/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
H.Z. Hessen
05/12/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
M.M. FL
04/11/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
A.B. NJ
02/27/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
R.C. CT
02/09/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
J.A. CA
02/02/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting 2013-14
This Review Imported from our standard course evaluations.
E.S. CA
01/28/2015
Verified Buyer
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
Great course and I'm looking forward for more updates in the future.
This Review Imported from our standard course evaluations.
E.R. DE
01/07/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
C.M. GA
01/02/2015
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
D.R. TX
12/31/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
J.L. OK
12/30/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
K.J. TX
12/28/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
J.W. NY
12/26/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
N.B. GA
12/17/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting 2013-14
This Review Imported from our standard course evaluations.
P.D. AZ
12/16/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
L.T. HI
12/11/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting 2013-14
This Review Imported from our standard course evaluations.
P.C. FL
11/25/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
L.V. WI
11/21/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
B.P. FL
11/13/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
D.L. CA
11/06/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting 2013-14
This Review Imported from our standard course evaluations.
W.W. Taiwan
10/11/2014
Verified Buyer
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
L.F. VA
09/29/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
K.R. TX
09/28/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
H.S. CA
09/13/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
G.P. TX
09/02/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?
Current Developments in Accounting and Financial Reporting-15
This Review Imported from our standard course evaluations.
J.D. PR
08/22/2014
Verified Buyer
1 of 1 customers found this helpful.
Was this helpful?