This course reviews the recent activities of the Financial Accounting Standards Board (FASB) with a focus on standards effective in the current year.
DurationThis course reviews the recent activities of the Financial Accounting Standards Board (FASB) with a focus on standards effective in the current year. We'll then switch gears and discuss the impact of the reporting suite (SAS 134-141) issued by the AICPA's Auditing Standards Board that will be effective this December.
This course provides a strong overview of the key standards that will be effective this year in order to help prepare you to implement them in an effective and practical way.
Highlights:
Recently issued Accounting Standard Updates (ASUs)
Leases; Financial instruments
The new auditors report (SAS 134)
Employee Benefit Plan Audits (SAS 136)
Materiality
The Massachusetts Society of Certified Public Accountants is the state’s premiere professional organization with more than 11,000 members in public accounting, industry and business, government and education.
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