Year End Accounting Standards for CPAs - 2026
Date: Friday, December 4, 2026
Instructor: Salvatore Collemi
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
Each year brings significant changes to U.S. GAAP, and staying current is essential for CPAs in public accounting, industry, government, and nonprofit environments. This comprehensive year‑end update delivers a clear and practical overview of recently issued FASB Accounting Standards Updates (ASUs), new exposure drafts, emerging standard‑setting priorities, and developments expected to impact financial reporting in 2026 and beyond.
Participants will receive actionable insights into key ASU adoption considerations, disclosure requirements, transition guidance, and common implementation challenges. The course also highlights changes affecting joint‑venture valuation, evolving FASB projects, and potential future GAAP developments. Designed for busy professionals, this session equips CPAs with the knowledge needed to prepare for year‑end reporting, strengthen compliance, and confidently navigate upcoming accounting changes.
Who Should Attend
This course is ideal for accounting and finance professionals responsible for staying current on U.S. GAAP updates.
Topics Covered
- Recently issued Accounting Standards Updates (ASUs) and their effective dates
- New disclosure requirements and implementation impacts
- Revised guidance for joint‑venture formation and valuation
- FASB exposure drafts, proposals, and standard‑setting agenda updates
- Transition considerations for 2026–2027 reporting cycles
- Other significant and timely matters relevant to U.S. GAAP preparers
Learning Objectives
- Apply newly issued FASB ASUs and determine their impact on current and future reporting periods
- Identify key technical issues and implementation considerations within recent ASUs, including new disclosure requirements
- Recognize new valuation considerations for newly formed joint ventures under updated GAAP guidance
- Evaluate exposure drafts and proposed standards likely to affect future U.S. GAAP
- Monitor and assess evolving FASB agenda items, emerging standard‑setting priorities, and other authoritative developments
- Integrate updated accounting guidance into year‑end reporting processes and technical reviews
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
Basic working knowledge of U.S. GAAP
Advance Preparation
None
