2024 Accounting Standards for CPAs: Fall Update
Author: Pat Patterson
| CPE Credit: |
2 hours for CPAs |
This course covers recently issued Financial Accounting Standards Board (FASB) Accounting Standards Updates (ASUs) for 2022 and 2023 as appropriate. In addition, this course will deal with earlier standards that have deferred effective dates. Additionally, important FASB issues such as meeting, news releases, and future developments will be covered as deemed appropriate.
Publication Date: October 2024
Designed For
Any professional accountant that has a need to remain current on FASB releases and developments for GAAP. This is for those in public accounting, business, nonprofit organizations, and other areas.
Topics Covered
- FASB Introduction
- FASB Accounting Standards Updates (ASUs) from 2023
- FASB Accounting Standards Updates (ASUs) from 2024
- FASB Projects for the Future
- FASB Effective Dates for 2023 and 2024
Learning Objectives
- Recognize and apply new GAAP releases
- Explain the new Accounting Standards Updates
- Explain and recognize any new disclosure issues
- Identify the group/organization responsible for providing oversight and promoting an independent and effective standard-setting process
- Identify the area of interest that has a final ASU expected for 4Q 2024
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
Basic knowledge of accounting
Advance Preparation
None
