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Annual FASB Update and Review

March 19
8:00 - 11:30 a.m.

Penn State Great Valley - Main Bldg
Malvern - Map it

CPE Credits



PICPA Member: $145 | Nonmember: $195

CLE Credit Add-On: $25

 More Information

Course No.
Experience in financial accounting and reporting
This is a four-credit seminar.


Hear an overview of recent FASB accounting and reporting developments. Review recent Private Company Council (PCC) activities and recently issued Accounting Standards Updates (ASUs). Analyze guidance that has a major effect on all industries, including those covering revenue recognition and leases, especially for small- and medium-sized entities.


  • Be aware of recent private company standard setting activities
  • Review the latest FASB Accounting Standards Updates (ASUs)
  • Understand and apply the FASB’s comprehensive new Revenue Recognition guidance - Topic 606, Revenue from Contracts with Customers, and its related updates
  • Understand the new lease accounting guidance found in Topic 842, Leases Recall key provisions of recently issued FASB Updates Examples and illustrations provide hands-on application to help you assess and implement the new standards and guidance


Richard Daisley, CPA


Rich is a CPA and has over 25 years of experience in the accounting and auditing field. He has worked in both the client service setting as well as in internal capacities as a facilitator of accounting and auditing courses.  He was an assurance manager with PwC, spending time in both the assurance practice as well as with PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. Rich also worked in PECO Energy’s Merger and Acquisition group, where he performed financial due diligence that supported PECO’s acquisition activity in the energy sector. He has experience in the manufacturing, health care, energy, and pharmaceutical industries.


Prior to joining Surgent, Rich also has more than 10 years of experience as a course developer and facilitator, creating and leading training courses on such topics as revenue recognition, stock based compensation, equity instruments and performing integrated audits under the Sarbanes-Oxley legislation. He also designed and delivered courses on instructor development and facilitation skills to senior PwC internal course instructors. 


In 2015 he joined Surgent as Director, Accounting & Financial Reporting Content. In this role, he researches and develops the technical content for Surgent’s Accounting and Financial Reporting curriculum.


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