This course will cover the Accounting Standards Updates (ASUs) issued by the FASB that will be effective this year including a deep dive into Topic 842, Leases as well as those that will be effective in the near future. The course will address those standards that will be effective for public and private entities in 2022.
Learning Objectives:
- Describe new ASUs issued by the FASB
- Identify the key financial reporting changes of the leases
- List standards that will be effective in the near future