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US GAAP Update

Description

This is a 2019 CFO conference session rebroadcast. This webcast will focus on recent US GAAP standard setting activity. Topics covered will include lessons learned from the implementation of newly adopted accounting standards related to revenue recognition and leases, the expected impacts of CECL (ASU 2016-13), and updates to consolidation accounting (ASU 2018-17). Our discussion will also highlight current topics of discussion at the FASB and potential accounting standards on the horizon. KEY TOPICS: – Revenue Recognition (ACS 606) – Leases (ASC 842) – Current Expected Credit Loss model (ASU 2016-13) – Private company consolidation accounting (ASU 2018-17) – FASB Recent Standard Setting Activity

Learning Objectives

– Describe best practices observed by companies in addressing issues related to the new revenue recognition and lease accounting standards – Obtain an overview of the current expected credit loss model upon adoption of ASU 2016-13 – Discuss the impacts to private company consolidation accounting introduced by ASU 2018-17 – Outline recent standard setting activity at the FASB

Provider
AICPA
Course Level
Update
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Accounting
1.5
Who Should Attend

CGMAs, CFOs, Controllers and Finance leaders including Accountants in practice and industry who need

Instructor(s)
Bill Guska Lauren Hegg
Prerequisites

Experience in financial reporting

Location
Online
Event Information
When
Sep 5, 2019
1:00 pm - 2:15 pm EST
Location
Online
Total CPE Credits
1.5
Format
Webcast Replay

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US GAAP Update


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