Course Description
Publication/Revision date: This course was updated on 3/16/2026.
The objective of this course is to inform the reader of the various changes affecting accounting and financial reporting, as well as a review and recall of existing accounting standards. Topics include a summary of newly issued FASB statements, the new standard on the allowance for credit losses, post-implementation issues involving the new lease standard, discussion of accounting and financial reporting issues including impact of high inflation and interest rates, GAAP issues related to income taxes, newly issued accounting standards updates (ASUs), and more.
