Recently Issued GAAP Relevant to SMBs
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Recently Issued GAAP Relevant to SMBs

This course focuses on explaining the most significant U.S. GAAP updates relevant to small- and medium-size companies.
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.
0 students enrolled
Created by Illumeo Learning
Last updated 8/2017
English
Current price: $10 Original price: $75 Discount: 87% off
5 hours left at this price!
30-Day Money-Back Guarantee
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?
  • Identify the important accounting policy elections to consider related to Private Company Council (PCC) U.S. Generally Accepted Accounting Principles (GAAP) alternatives available to nonpublic entities
  • Discover the highlights of recently-issued Accounting Standards Updates (ASUs), focusing on the changes most relevant to small- and medium-sized nonpublic business entities
  • Explore where financial statement preparers should focus the most time and attention in the near term
View Curriculum
Requirements
  • No advanced preparation or prerequisites are required for this course.
  • Some experience with Finance and Accounting is helpful.
Description

New Accounting Standards Updates (ASUs) related to U.S. Generally Accepted Accounting Principles (GAAP) are issued on a regular basis. It can be time-consuming and confusing to keep up-to-date on the resulting impact on financial statements and disclosures, especially when many changes relate primarily to public business entities, larger companies, or specific industries.

This course focuses on explaining the most significant U.S. GAAP updates that are most relevant to small- and medium-size private entities.

Who is the target audience?
  • Anyone interested in finance, accounting, or related fields
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Curriculum For This Course
15 Lectures
02:14:33
+
Introduction
13 Lectures 02:14:28


ASU 2014-18, 03, and 07
08:02

Business Combinations
02:03

Effective for Nonpublic Entities in FY 2016
11:14

Going Concern Disclosure
06:02

Effective for Nonpublic Entities in FY 2017
09:14

Effective for Nonpublic Entities in FY 2018
03:47

Effective for Nonpublic Entities in FY 2019 or After
01:58

Revenue Recognition
05:25

Leases
04:04

Financial Instruments
04:57

Recently Issued GAAP Relevant to Small- or Mid-Size Private Companies Continuous
01:07:14
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Supporting Materials
2 Lectures 00:05
Slides: Recently Issued GAAP Relevant to Small- or Mid-Size Private Companies
00:02

Recently Issued GAAP Relevant to Small/Mid-Size Private Companies Glossary/Index
00:02
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Review and Test
0 Lectures 00:00
Review Questions
5 questions

FINAL EXAM
8 questions
About the Instructor
Illumeo Learning
4.4 Average rating
291 Reviews
1,295 Students
234 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.