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Live Webcast: Convergence: Changes Coming to US GAAP (17W458-12)

Description

In the next twelve months, accounting in the United States will change
forever. While most financial professionals are aware of International
Financial Reporting Standards'(IFRS) impact on public companies, many
are not sensitive to the potential changes resulting from FASB’s
convergence project and the affect of proposed accounting standards for
non-public companies.This course focuses on convergence and private
company accounting. Whether or not, IFRS becomes the basis for U.S.
accounting standards, the convergence and private company accounting
will impact activities well beyond financial reporting. Awareness of
IFRS adoption efforts by the SEC is one thing; understanding how FASB’s
convergence project and private company reporting can affect your
company is a totally different issue. You cannot afford to miss this
critical, entertaining and interactive course.

Learning Objectives
  1. To understand how convergence with IFRS will affect private company accounting
Major Topics
  1. Topics Discussed
  2. The major convergence elements: - Revenue recognition - Lease accounting - Financial instruments, and - Other Comprehensive Income presentation
  3. How convergence will change your basic financial statement presentation
  4. Potential alternatives for private company reporting.
  5. The critical operations issues driven by these comprehensive changes
  6. Ten action items for you to take today as you prepare for the unpredictable times ahead.Cases and Group DiscussionThis seminar includes six group exercises.
Course Level
Intermediate
CPE Field of Study
Accounting
4
Prerequisites
Knowledge of basic accounting
Location
Online
Event Information
When
Oct 16, 2012
12:00 pm - 3:30 pm EST
Location
Online
Total CPE Credits
4
Format
Webcast Replay

Register for this Event

Live Webcast: Convergence: Changes Coming to US GAAP (17W458-12)


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