Emerging Issues in Financial Accounting 2024

Overview

Recognize the impact of emerging issues, including the increasing divergence of private company accounting standards, the pace and complexity of new standards being issued, and the usefulness of non-GAAP reporting. We’ll discuss current issues, including accounting for crypto assets, the controversy over ESG reporting, going concern disclosures and impairment testing, and accounting for internally developed intangibles, including research and development. The course also includes an update on the FASB and PCC agendas.

Highlights

• Are we equipped to deal with a resurgence in financial accounting fraud?
• Private company accounting standards, options and elections
• The latest on crypto and ESG
• Accounting and auditing for SAAS arrangements, impairments and going-concern, and debt modification accounting
• FASB and PCC agenda

Prerequisites

Working knowledge of accounting standards.

Designed For

Anyone interested in emerging issues in accounting.

Objectives

• Identify current issues in financial accounting including accounting for SAAS arrangements
• Determine how to advise your client on accounting standards
• Prepare for items on FASB and PCC agenda
• Enhance fraud awareness
• Gain awareness of current issues in ESG reporting

Preparation

None

Notice

This course is offered by a 3rd party vendor. Login instructions will not be accessible in the My CPE Tracker section of the ISCPA website. Login instructions will be emailed directly to you by California Education Foundation (CalCPA).