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Understanding GAAP Within the FASB Codification - Webinar

  • ID: 4227718
  • Webinar
  • 100 Minutes
  • Lorman Business Center, Inc.
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Get a better understanding of the FASB Codification structure and how to navigate and research U.S. GAAP with the Codification.

The FASB Codification is the official source of authoritative, nongovernmental U.S. GAAP. The Codification superseded FASB statements and interpretations, AICPA standards, EITF rulings and related literature. Preparers and auditors of financial reports must be aware of and understand how to navigate the FASB Codification. This topic will give you the knowledge and skills needed to thoroughly understand and confidently navigate and conduct research using the FASB Accounting Standards Codification.

Learning Objectives
  • You will be able to describe accounting standards codification structure.
  • You will be able to discuss navigating the codification.
  • You will be able to review the research process using codification.
  • You will be able to explain the role of FASB.
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New System: Codification
- History
- Purpose and Content
- Goals

Accounting Standards Codification Structure
- Topics
- Subtopics
- Sections
- Subsections
- Paragraphs

Navigating the FASB Codification
- Traditional Method: Keyword Search
- Codification: Browse, Cross Reference, Search, Go-To
- Additional Research Features

Future Standard Setting Process
- Incorporated Into Codification
- Role of FASB
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Carie O. Ford, Baylor University
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This webinar is designed for accountants, CPAs, CFOs, controllers, presidents, vice presidents, finance directors and business owners and managers.
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Order Online - visit: https://www.researchandmarkets.com/reports/4227718
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