Live CPE Webinar
Private Company FASB GAAP Alternatives – When and Why Should Companies Adopt the PCC Simplifications?
- CPE Credits
- 2
- Price
- $89.00
- Field of Study
- Accounting & Auditing
- Format
- Online
The FASB formed the Private Company Council to provide certain alternatives in U.S. GAAP that are only available to nonpublic business entities, with limited exceptions for certain nonprofits. This course will provide insight into when adopting the accounting and financial reporting alternatives would be to the advantage of private companies.
Major Topics:
- Entities that qualify for the practical expedient alternatives
- Simplified approaches in derivatives, goodwill, valuing stock-based compensation, consolidating variable interest entities, leases, and more!
Learning Objectives:
- Distinguish the recognition, measurement, presentation and disclosure options only available to nonpublic business entities in U.S. GAAP.
- List the benefits of adopting the U.S. GAAP alternatives, and the most advantageous time to do so.
Designed For
Anyone with accounting, financial reporting, audit, or other attest responsibilities
Prerequisites
None