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 in the post-COVID-19 economy including impact of high inflation and interest rates, accounting and disclosures for 2024 issues related to the Employee Retention Credit (ERC) and Pass-Through Entity (PTE) tax, newly issued accounting standards updates (ASUs), and more.
Additional Course Details
- Filed of Study: Accounting
- Author: Steve Fustolo
- Course Level: Overview
- Pre-Requisites: Basic understanding of U.S. GAAP None
- Interactive: Yes
- Enrolled Agent: No
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