2024 MSCPA Annual Convention: Details

Revenue Recognition, Financial Instruments, and Leases

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Monday, August 26, 2024 @ 12:00pm – 1:00pm
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Description

Understand FASB's important accounting and reporting areas: financial instruments and leases. Learn to assess and implement the new standards and guidance that are applicable to your practice.

Prerequisites

Accounting professionals with operational or supervisory responsibilities, or both.

Highlights

FASB accounting standards updates in financial instruments and leases Current Expected Credit Loss (CECL) module Lease obligation

Objectives

  • Recall the requirements of the CECL module for measuring the impairment of financial instruments.
  • Calculate the right-of-use asset and corresponding lease obligation for lease agreements.

Credits

Category Amount
Accounting&Auditing 1.00