FASB's "Big 3": Revenue Recognition, Leases, and Financial Instruments

Oct 22
8:00 - 4:00 p.m.

Pennsylvania Institute of CPAs
Philadelphia - Map

8-A&A
CPE Credits

Apply FASB’s new revenue recognition standard found in ASC Topic 606. Analyze FASB’s new lease accounting guidance. Become familiar with FASB’s financial instruments project covering the new ASUs.
Highlights
  • FASB’s comprehensive new revenue recognition standard, Topic 606, Revenue from Contracts with Customers, and recent updates to the standard
  • The new five-step, principles-based revenue recognition model
  • Revenue presentation, disclosures, and implementation guidance and illustrations
  • Key differences between U.S. GAAP and the new revenue recognition guidance
  • Overall lease accounting guidance
  • Lessee vs. lessor accounting
  • Sale and leaseback transactions
  • FASB’s news ASUs addressing financial instruments on recognition and measurement, impairment, and hedging

Registration

PICPA Member: $275
Nonmember: $375

More Information

Course No. 739101 Level: Intermediate

Prerequisites: Experience in financial accounting and reporting

Notes

This program is designed for CPAs, their staffs, and other accounting personnel involved in the preparation and review of financial statements.

Speaker(s)

Richard Daisley