FMN Accounting

FMN - 2018/March, Seg.2 - SEC Chief Accountant: Priorities and Current Issues

Course Overview
As part of its mission, the SEC’s Office of Chief Accountant ensures that financial statements are presented fairly. The Commission insists that companies, when a recently issued accounting standard has not yet been adopted, must disclose the potential effects of the future implementation in their interim and annual filings. Wesley Bricker, the SEC’s chief accountant, expresses his expectation that these disclosures will become more robust, as well as more quantitative, as the effective date of the new accounting standard approaches.



Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize the mission of both the SEC and FASB;
  • Identify the implementation highlights of the revenue and leases standards;
  • Recognize the major elements of the FASB’s Current Expected Credit Loss (CECL) standard; and
  • Identify the requirements stipulated in the PCAOB’s Auditor Reporting standard.

Content Partner:

FMN online

SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of
content, SmartPros has been providing mandatory continuing education
products since 1981. SmartPros provides services and content to its
professional and corporate clients, in a variety of media including Web, CD
ROM, and video. In the accounting market, SmartPros also has a predominant
news and information portal which receives 200,000+ visits per month and
provides services to over 100,000 subscribers. SmartPros' customers include
50% of the Fortune 500, as well as the major firms and associations in each
of its professional markets.


Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

FMN Online
SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Software & Hardware Requirements:

  • 56k or Greater Internet Connection
  • Adobe Acrobat® Reader for the .pdf files
  • Adobe® Flash® Player 9 or higher
  • Modern DHTML Compatible Browser
  • Ram: 256 MB minimum
  • Sound card with speakers/headphones
  • Windows or Mac OS

Buy

Price (USD)

Standard Rate: $69.90

Details

Course Code : FMN1245-FM

Release Date : 03/09/2018
Expire Date : 10/13/2019
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

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