Objectives
• Identify select FASB accounting and reporting guidance.
• Recognize key requirements from FASB ASC 326, Financial Instruments – Credit Losses.
• Recognize key requirements from FASB ASC 606, Revenue from Contracts with Customers.
• Recognize key requirements from FASB ASC 820, Fair Value Measurement.
• Recognize key requirements from FASB ASC 842, Leases.
Major Topics
• Financial accounting and reporting topics impacted by guidance recently issued or effective in the near term (such as leases and revenue recognition)
• Review of significant accounting and reporting topics
• Overview of FASB ASC 326
• Overview of FASB ASC 606
• Overview of FASB ASC 820
• Overview of FASB ASC 842
Prerequisite
Experience in the application of accounting standards
