NEW SEMINARAs described by the title, this course is a review of new guidance and hot topics. New guidance includes pronouncements, exposure drafts, and other guidance recently issued by FASB. Hot topics include major accounting standards updates such as revenue recognition, credit losses and leases, as well as key topics such as fair value measurement.
- Accounting and finance professionals
When you complete this course you will be able to:
- Identify select FASB accounting and reporting guidance.
- Recognize key requirements from FASB ASC 326, Financial Instruments – Credit Losses.
- Recognize key requirements from FASB ASC 606, Revenue from Contracts with Customers.
- Recognize key requirements from FASB ASC 820, Fair Value Measurement.
- Recognize key requirements from FASB ASC 842, Leases.
- Financial accounting and reporting topics impacted by guidance recently issued or effective in the near term (such as leases and revenue recognition)
- Review of significant accounting and reporting topics
- Overview of FASB ASC 326
- Overview of FASB ASC 606
- Overview of FASB ASC 820
- Overview of FASB ASC 842
Bruce Shepard, CPA Las Vegas, Nevada Bruce Shepard was most recently an assistant professor of accounting at George Fox University and an adjunct professor of accounting at the University of Oregon, prior to becoming an instructor for the AICPA in 2012.
From 2006-2010, Mr. Shepard was the Chief Financial Officer of Las Vegas Gaming, Inc. in Las Vegas, Nevada, where he had full management responsibility for all financial affairs, daily business operations, administration and human resources.
From 1985-2006, Mr. Shepard was in charge of the Middle Market Practice for PricewaterhouseCoopers, LLP in Portland, Oregon, where he served as an Assurance Partner from 1989-2006 focusing on providing proactive business advisory services to fast-growing companies. At PricewaterhouseCoopers, LLP, Mr. Shepard spearheaded over 100 acquisitions and divestitures by leading in the financial structuring and negotiations. He worked with clients to develop strategic plans for short-term and long-term growth. He assisted both start-up companies and beyond start-up companies with attaining their needed growth capital.
Mr. Shepard wrote an article, Financing Entrepreneurs, in 1999 for the Oregon Society of Certified Public Accountants. Mr. Shepard was awarded "Beta Alpha Psi Professional of the Year" in 2006 for sustained involvement with the University of Oregon.