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Previously Titled: AICPA's Annual Update: Top 10 GAAP Issues Facing CPAs
According to statistics compiled by the AICPA Technical Hotline, there are many critical issues that accountants in public practice and industry face in today’s complex environment. This course will provide you with practical guidance on how to interpret and apply viable solutions to ten of these issues.
This course helps you to recognize how proposed accounting standards on revenue recognition and leases may impact companies and how to apply fair value and impairment accounting to assets and liabilities. It will also help you offer strategies for how to explain business combination principles for various entities, enhance your ability to discuss the benefits of the GAAP Codification, and even look at issues associated with compilation and review engagements.
Prerequisite: Experience in financial reporting
Advanced Preparation: None