What’s Going on at the FASB
Total Credits: 4 including 4 Accounting - Technical
- Average Rating:
- 4.6
- Category:
- Accounting and Auditing | ACPEN Industry Institute
- Faculty:
- Melisa F. Galasso
- Course Levels:
- Intermediate
- Duration:
- 4 Hour
- License:
- Access for 30 day(s) after program date.
Tag: Accounting
Description
This course will cover the Accounting Standards Updates (ASUs) issued recently by the FASB as well as those that will be effective soon. The course starts with ASU 2020-05, which delays the effective dates of revenue recognition and leases. We then review the standards effective for 2020 for public entities and private entities to ensure that attendees are aware of what changes are coming to financial statements this year. We will then turn our attention to a more detailed review of ASU 2016-02 and discuss how to implement Topic 842, Leases. We close with a review of standards that are coming down the pike. This course is intended to keep you up to date with what is going on at the FASB and perhaps help you consider whether 2020 is a good opportunity to early adopt some standards that will reduce cost and complexity.
Basic Course Information
Learning Objectives- Describe new ASUs issued by the FASB
- Identify the key financial reporting changes of the leases standards
- List standards that will be effective for 2020 calendar year ends
- Recognize standards that will be effective in the near future
Major Subjects
- Accounting
- FASB
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (487.5 KB) | Available after Purchase | ||
| Handout (1.9 MB) | Available after Purchase | ||
| Course Description (266.6 KB) | Available after Purchase |
Faculty
Melisa F. Galasso Related seminars and products
Founder and CEO
Galasso Learning Solutions LLC
Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.
Dates
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Sat, Dec 18, 2021 - 08:00am to 11:49am MST
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Wed, Jan 12, 2022 - 08:00am to 11:49am MST
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Mon, Jan 31, 2022 - 12:00pm to 03:49pm MST
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Tue, Feb 01, 2022 - 05:00pm to 08:49pm MST
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Fri, Feb 11, 2022 - 12:00pm to 03:49pm MST
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Thu, Mar 10, 2022 - 08:00am to 11:49am MST
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Mon, Mar 28, 2022 - 12:00pm to 03:49pm MDT
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Thu, Apr 14, 2022 - 08:00am to 11:49am MDT
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Wed, Apr 27, 2022 - 12:00pm to 03:49pm MDT
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Fri, May 06, 2022 - 08:00am to 11:49am MDT
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Wed, May 18, 2022 - 12:00pm to 03:49pm MDT
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Additional Info
Basic Course Information
Advanced PreparationNone
Designed For Practitioners and members in industry responsible for accounting and financial reporting
Original Recording Date
5/22/20
Yellow Book
No
Course Developer
Galasso Learning Solutions
Date Added to Catalog
5/22/20
Prerequisites Prior experience with GAAP
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, 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 submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Reviews
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Overall: 4.6
Total Reviews: 60
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