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GAAP Update 25-26

 Various
 
6.0
Registration is Open
Member Price
$259.00 Regular Registration
Your Price
$339.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Tue, 07/08/2025 from 9:00 am to 2:30 pm
 Tue, 07/08/2025 from 11:00 am to 4:30 pm
 Thu, 10/09/2025 from 11:00 am to 4:30 pm
 Wed, 12/03/2025 from 9:00 am to 2:30 pm
 Wed, 12/03/2025 from 11:00 am to 4:30 pm
Designed For:

CPAs, auditors, and financial professionals working with nonpublic entities.

Prerequisite:

Knowledge of GAAP and awareness of the FASB Accounting Standards Codification.

This course will cover all pronouncements of the FASB relevant to nonpublic entities. It will be presented in two distinct sections: First, we will identify all Accounting Standards Updates (ASUs) issued by the FASB in 2023 and 2024, as well as those ASUs issued in prior years that become effective in 2024. For each pronouncement, we will identify the topic or topics affected, the most significant provisions, how the provisions affect financial reporting and disclosure, and, when possible, the reasons for the change. This will enable those associated with the GAAP financial statements of nonpublic entities to determine which pronouncements affect them or their clients, requiring further research. In the second segment, we will look at the most common financial statement elements that have changed in recent years. It will include an in-depth analysis that will demonstrate how these elements have traditionally been accounted for and how they have evolved, concluding with the current requirements for reporting and disclosing.

Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Update

Sponsors

For Technical Support: 
Please contact the CalCPA Help Desk at (866) 928-8915, [email protected] . Allow 1 business day for email responses

Objectives

  • Identify relevant areas of accounting that have changed in recent years
  • Determine when changes are not likely to affect financial statements, allowing for simplified approaches materially
  • Understand the nature of significant changes and identify trends
  • Improve the presentation and content of financial statements and disclosures

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.