2025 Accounting Standards for CPAs: Summer Update
Date: Monday, July 21, 2025
Instructor: Pat Patterson
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
This session will cover the recently issued Financial Accounting Standards Board (FASB) Accounting Standards Updates (ASUs) for 2022, 2023, 2024, and 2025 as appropriate. In addition, this session will deal with earlier standards that have deferred the effective dates for standards. Further, additional information that the FASB offers that is considered important is dealt with. This includes FASB meetings, news releases and anticipated developments.
Who Should Attend
Any professional accountant that has a need to remain current on FASB releases and developments for generally accepted accounting principles (GAAP) should attend this session? This includes those in public accounting, business, nonprofit organizations, and other areas.
Topics Covered
- New issues of Accounting Standards Updates (ASUs)
- New Changes to GAAP and effective dates
- Revised disclosure standards
- Revised accounting issues
- New FASB actions and/or other pronouncements
- Other matters deemed appropriate and timely
Learning Objectives
- Recognize and apply new GAAP releases!
- Understand the new Accounting Standards Updates
- Recognize any new disclosure issues
- Recognize changes to valuation of newly formed joint ventures
- Recognize any potential changes to future GAAP
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
Basic understanding of accounting standards
Advance Preparation
None
