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16 CPE

Surgent's GAAP Hot Topics - What You Need to Know

This is a text-based course

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16 CPE

This is a text-based course. To receive credit, you are required to review all content and achieve a minimum score of 70% on the final exam.

This course provides an overview of several of the key accounting and reporting topics within U.S. GAAP. This includes a discussion of accounting for business combinations, revenue recognition principles, and leasing transactions. This course also addresses topics such as goodwill impairment, segment reporting, how to account for software (both internal-use and for resale) as well as requirements related to accounting changes and error corrections.

Learning Objectives

  • Recognize financial statement disclosures related to business combinations
  • List the five steps involved in the new revenue recognition model
  • Determine whether an arrangement contains a lease
  • Identify the recognition requirements related to goodwill
  • Identify key characteristics of operating segments
  • Distinguish between software that is considered internal-use and not considered internal-use
  • Differentiate between the requirements for the different types of accounting changes
  • Recognize examples of different types of non-GAAP financial measures

Major Topics

  • An overview of key accounting and reporting topics within U.S. GAAP
  • A discussion of accounting for business combinations, revenue recognition principles, and leasing transfers
  • Goodwill impairment, segment reporting, and how to account for software
  • Requirements related to accounting changes and error corrections

CPE Credits Available

16 CPE
16
Accounting

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting & Auditing
  • Peer Review

Prerequisites

None

Advanced Preparation

None

Intended Audience

Financial practitioners who want an overview of the key accounting and reporting topics within U.S. GAAP

Provider

Surgent CPE

Purchase This Course

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    $ 363 363
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