FMN Accounting

FMN - 2018/August, Seg.2 - New Accounting Standards: Your Guide to Implementation

Course Overview
The new accounting standards on revenue recognition and lease accounting are historic in their breadth and also in their impact across all industries. As a result, the implementation of this new guidance requires you to focus on their implications for your business as well as on their effect on your financial statements. John Fleming, discussion leader in accounting and auditing for the Loscalzo Institute, provides a guide to how you and your team can prepare successfully for these impending changes.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize the new guidance for revenue recognition under ASC Topic 606
  • Identify steps an organization should take to implement the new revenue recognition standard
  • Recognize the new guidance for lease accounting under ASC Topic 842
  • Identify steps an organization should take to implement the new lease accounting standard.

Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

FMN Online
SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : FMN1265-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

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