
2023 Accounting Update (LIAA19/24)
Event Description
This course provides a practical overview of the most important issues facing most companies and accountants. The focus is on explaining the basis behind major accounting and financial reporting issues and trends in plain language, enabling professionals to understand the most important aspects of relevant generally accepted accounting principles, and why any planned or potential changes are coming down the pike
Designed For
Public and industry accountants at all levels interested in remaining current on accounting and financial reporting requirements
Objectives
• Describe “hot topics” in accounting and financial reporting
• Explain the major implementation considerations for transitioning to new accounting standards
• Discuss practical examples of implementing changing technical, professional and relevant regulatory requirements
• Recall highlights of the latest accounting and financial reporting requriements
Major Subjects
• The latest FASB standard-setting activity, including significant projects on the horizon
• Understanding impact of changing lease accounting
• Other accounting and financial reporting matters that should be on your radar