CPE Course Annual FASB Update and Review

October 25, 2021

1:15pm — 4:45pm

Location

Member Price $129.50Register after October 4 and pay $139.50
Non-member Price $179.50Register after October 4 and pay $189.50

Curriculum Accounting

Field of Interest Accounting (Technical)

Level Intermediate

Designed For

Practicing CPAs and their staffs, both in public accounting and business and industry, controllers, accountants, and other financial accounting personnel involved in financial statement preparation and review

Objective

  • Be aware of recent private company standard setting activities
  • Review the latest FASB Accounting Standards Updates (ASUs)
  • Understand the new lease accounting guidance found in Topic 842, Leases
  • Recall the applicability of ASC Topic 326 to accounts receivable balances
  • Recall key provisions of recently issued FASB Updates

 

Highlights

This course provides a detailed discussion on the key topics related to financial reporting, though in a summarized format. The course will focus on recent ASUs issued by the FASB with a concentration on issues of greatest significance to most accounting practitioners. Specifically, the course will review recently issued FASB standards on leases and provide an update on the status of ASC 606 implementation and other hot button accounting issues, such as what is on the FASB’s technical agenda. This course is the place to go for a succinct but thorough update on the big topics impacting financial accounting and reporting.

  • Private company standard setting activities
  • Recent FASB Accounting Standards Updates (ASUs)
  • Topic 842, Leases
  • Topic 326 on Impairment
  • Lessons learned and sustainment efforts related to Topic 606

 

Instructors

Michael Morgan, CPA

Michael J. Morgan is President of Langford Educational Enterprises, Inc., a consulting firm specializing in international auditing and taxation located in Griffin, Georgia. An accomplished author and instructor with over 35 years of experience in public speaking, Morgan has traveled internationally, writing manuals, and conducting seminars on accounting- and auditing-related topics for former communist countries. He is the recipient of several "Outstanding Discussion Leader" awards from the New York, Illinois, Nevada, and Virginia Society of CPAs on the topics of accounting and auditing, staff training, governmental, and not-for-profit entities. For several semesters, he was an accounting instructor in the School of Business at Old Dominion University located in Norfolk, Virginia. In 2015 and 2016, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Morgan currently practices in the greater Atlanta, Georgia, area. Morgan is licensed as a Certified Public Accountant in Georgia, and Virginia. He is a past member of the Virginia Society of CPAs. He is a member of the Georgia Society of CPAs and the Association of Certified Fraud Examiners.close

Prerequisites

Experience in financial accounting and reporting

Developer

Surgent McCoy CPE, LLC

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