Revenue Recognition, Financial Instruments, and Leases

Overview

Understand the new pronouncement from FASB specifically related to financial instruments and leases. Learn up-to-date requirements and how to apply the guidance.

Understand FASB’s important accounting and reporting areas: financial instruments and leases. Learn to assess and implement the new standards and guidance that are applicable to your practice.

Course Instructor: Kurt G. Oestriecher,Anne Oestriecher

Highlights

FASB accounting standards updates in financial instruments and leases

Current Expected Credit Loss (CECL) module

Lease obligation

Prerequisites

Accounting professionals with operational or supervisory responsibilities, or both.

Designed For

Accounting professionals

Objectives

Recall the requirements of the CECL module for measuring the impairment of financial instruments.
Calculate the right-of-use asset and corresponding lease obligation for lease agreements.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.