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What's Going on at the FASB (2024)

ID: 61675
Friday July 19, 2024 12:00AM - Friday May 30, 2025 12:00AM
Topics: Financial Accounting, Reporting + Analysis
NON-MEMBERS$200.00
MEMBERS$160.00
YOUR PRICE$200.00

The course will start with the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. We will also review year 2 implications of the leases standard including modification accounting. We will then switch our attention to the items coming down the pike, including a look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation.


Learning Objectives:

- Identify the impact of ASUs that are effective in 2024 on financial reporting 

- Recall changes to the conceptual framework

- Describe the impact of the lease modification on financial reporting

- Identify FASB ASUs that will be effective after 2024

- Recognize the potential impact of key projects on the FASB agenda