Objective
- Understand and apply the FASB’s new revenue recognition standard, Topic 606
- Review the FASB’s new lease accounting guidance, ASU No. 2016-02
- Recall the relevant accounting guidance related to financial and non-financial asset impairment
- Identify the appropriate accounting model to account for the restructuring of debt and other borrowing agreements
Highlights
- Accounting and operational impacts of adopting Topic 606
- Accounting and operational impacts of adopting ASU No. 2016-02
- Impairment of both financial and non-financial assets
- Accounting for debt restructurings
Designed For
Practicing CPAs and their staffs, both in public accounting and business and industry - controllers, accountants, and other financial accounting personnel involved in financial statement preparation and reviewPrerequisite
Experience in financial accounting and reportingAdvanced Preparation
None