This two-day course examines recent and future developments in US financial reporting and accounting research applications. The program provides a technical update on US GAAP. It has been specifically developed to update experienced preparers and users of financial statements on developments that have recently occurred, as well as other recently effective and impending pronouncements. Technical update coverage includes new and proposed FASB Accounting Standards Updates, recent SEC issues, the Dodd-Frank Act, and FASB agenda projects. The program also includes a discussion of trends in recent SEC comment letters.
This course answers questions such as:
- What are the recent and likely future changes in US GAAP?
- When will new requirements be effective?
- What are the application and transition rules relating to new pronouncements?