2025 Accounting Standards for CPAs: Spring Update
Author: Pat Patterson
| CPE Credit: |
2 hours for CPAs |
This course 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 course 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.
Publication Date: April 2025
Designed For
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
- Identify the issues in 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
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
Basic knowledge of FASB and GAAP.
Advance Preparation
None
