Review the hottest accounting topics and recent changes in areas such as private company accounting and other specialized subjects. Refresh research skills and practice using codification. Case studies and real-life examples will help attendees readily apply information covered. This course meets the specific accounting requirements that CPAs are required to meet for re-issuance of their license.
Learning Objectives
• Recognize ways to improve research skills
• Identify recent changes to accounting standards in reporting and disclosure
• Identify common disclosure deficiencies
• Determine how to enhance internal accounting documentation
Major Topics
• Current lease accounting under ASC 840
• Common errors in lease accounting
• Future lease accounting model under ASC 842
• Impact of COVID on lease accounting