Designed for accountants who needs a detailed introduction to new financial accounting standards and a refresher in other standards that apply to non-specialized companies. The course is a comprehensive study
of FASB guidance that applies to all companies.
Understand FASB guidance and AICPA standards that have the greatest effect
on accounting and financial reporting
Apply recent FASB and AICPA pronouncements for non-specialized companies
Prepare disclosures of financial instruments, derivatives, complex equity transactions, impaired assets, debt and consolidations
Review reporting standards for balance sheets, income statements and the statement of cash flow
Prerequisite: Experience in application of accounting