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FASB Update (SMAA38/22)

Event Description

This course will cover the Accounting Standard Updates (ASUs) issued by the FASB that are effective for 2021 year ends. The course will also address those standards that will be effective in the near future that are well suited for early implementation. We’ll take a deep dive into how to prepare for the leases and financial instruments standards in longer courses.

Objectives

Participants will be able to:

  • Recall new accounting ASUs issued by the FASB
  • Identify ASUs effective in the current year
  • Describe the key financial reporting changes of the leases and financial instruments standards