The Latest Updates 2016 Financial Accounting Standards Board
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The Latest Updates 2016 Financial Accounting Standards Board

This course is a quick spin through the latest FASB updates over the last year (through June 2016).
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
5 students enrolled
Last updated 6/2017
English
Curiosity Sale
Current price: $10 Original price: $50 Discount: 80% off
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Includes:
  • 2 hours on-demand video
  • 2 Articles
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Explore the latest Financial Accounting Standards Board (FASB) rules over the last year.
  • Identify what’s new with ASC 606 (revenue from contracts with customers).
  • Explore ASC 842 the new lease accounting standard.
  • Recognize what these new rules mean to your organization.
  • Explore the status of the FASB’s current projects and proposed rules.
View Curriculum
Requirements
  • No advanced preparation or prerequisites are needed for this course.
Description

This quick spin through the latest Financial Accounting Standards Board (FASB) updates over the last year (through June 2016) will help senior finance leaders get up to speed quickly on the latest rules and what they mean.

This course will help senior finance leaders understand what the latest changes in lease accounting, revenue recognition and other rules mean to them. The details are complex and the impacts are profound, but we have condensed the major points into a one hour strategic briefing for you. 

The course covers:

  • What’s new with ASC 606 (revenue from contracts with customers)
  • ASC 842 the new lease accounting standard
  • What these new rules mean to your organization
  • Status of the FASB’s current projects and proposed rules
Who is the target audience?
  • Anyone interested in the latest Financial Accounting.
  • Anyone in Finance, accounting, or related fields.
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Curriculum For This Course
9 Lectures
01:46:23
+
Videos
7 Lectures 01:46:17

Financial Instruments Overall
04:44

Principle Vs. Agent Considerations
08:17

Narrow Scope Improvements and Practical Expedience
08:55

Leases
10:57

FASB Proposals and Conclusion
08:54

A quick spin through major FASB updates over the last year Full Video
53:07
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Supporting Materials
2 Lectures 00:06
Slides: A Quick Spin Through Major FASB Updates Over The Last Year
00:03

A Quick Spin Through Major FASB Updates Over The Last Year Glossary/Index
00:03
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REVIEW AND TEST
0 Lectures 00:00

2015 to 2016 Major FASB Updates

REVIEW QUESTIONS
3 questions

FINAL EXAM: 2015 to 2016 Major FASB Updates

FINAL EXAM
5 questions
About the Instructor
Illumeo Learning
4.2 Average rating
67 Reviews
634 Students
174 Courses
Condensed and Efficient Courses for Busy Professionals

Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.

Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

Diana Gilbert (Illumeo)
0.0 Average rating
0 Reviews
5 Students
1 Course

I have been a member of the RoseRyan dream team since 2008 with almost 30 years of professional experience. I excel at technical accounting, revenue recognition, SOX / internal controls, business systems, and process improvements. I am a Big 4 CPA (inactive) with over twenty five years of corporate and operational finance experience with both public and private companies, including Corporate Controller at VNUS Medical Devices, Electroglas Inc., and Digital Interior

I love being a part of the Finance Dream Team and providing my "been there, done that!" expertise to clients. I love the flexibility and diversity of consulting with multiple clients. I enjoy the diversity of roles that I play, such as being a member of RoseRyan’s Technical Accounting Group assisting clients such as Aradigm and Cloudera; SOX project management at clients such as Coupons dot com, ArcSight, and Informatica; and interim and project assignments at clients such as Vivus Pharmaceuticals, Mendel Biotechnology, Cepheid, Zynga and Catellus Development Corp.

Specialties: Process improvement and financial systems, technical accounting, revenue recognition including software, stock-based compensation, due diligence and transition support for mergers / acquisitions / divestitures, SEC reporting, financial operations, Sarbanes Oxley, internal control design.