The amount of change in the accounting profession is staggering, making it tough for the average CPA to keep up. This CPE course equips accounting professionals with essential knowledge of current FASB updates, financial instruments, and emerging technologies in finance. Designed for CPAs, financial managers, and accounting professionals, the course covers critical topics including the latest GAAP updates, accounting for basic and complex financial instruments, new credit loss provisions, and emerging concepts in blockchain and cryptocurrency.
In this course, Jeff Sailor brings his truly unique presentation style to cover the most important topics you need to know. He covers the latest GAAP pronouncements using his signature video parodies, which are designed to keep you entertained while reinforcing the critical elements of the material.
Learning Objectives
Upon completion of this course, participants will be able to:
Apply the most pervasive accounting updates issued by the FASB
Apply accounting standards for the more basic financial instruments
Describe the basics of accounting for more complex financial instruments
Describe the concepts of blockchain, cryptocurrency and NFTs
Apply the new provisions for Credit Losses
Identify and apply the most pervasive GAAP updates
Cite the basics of the narrow scope GAAP updates
Describe the Elements of Financial Statements under the FASB Concepts
Describe proper presentation under the FASB Concepts