
QAS Self-Study

Overview

CPE Credits
1 Credits: Accounting
Course Description
This course provides an overview of the processes involved in understanding, evaluating, and properly disclosing the FASB Accounting Standard Updates (ASUs). This includes a look at the key elements included within each ASU, how companies should consider the impacts from the change, as well as how to properly disclose these impacts (if known) within their notes to their financial statements. This course also outlines an effective five-step process for monitoring ASUs, from initial release to adoption.
Learning Objectives
Upon completion of this course, you will be able to:
• Identify standard elements included within each FASB ASU
• Distinguish between different transition requirements
• Recognize SEC disclosure requirements relating to pending ASUs
• Identify best practices for effectively tracking ASUs
Course Specifics
Course ID ss1223587 |
Revision Date March 14, 2022 |
Number of Pages 36 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …
Evaluating and Properly Disclosing FASB Accounting Standard Updates (ASUs)
$29.00 – $49.00

QAS Self-Study

Overview

CPE Credits
1 Credits: Accounting
Course Description
This course provides an overview of the processes involved in understanding, evaluating, and properly disclosing the FASB Accounting Standard Updates (ASUs). This includes a look at the key elements included within each ASU, how companies should consider the impacts from the change, as well as how to properly disclose these impacts (if known) within their notes to their financial statements. This course also outlines an effective five-step process for monitoring ASUs, from initial release to adoption.
Learning Objectives
Upon completion of this course, you will be able to:
• Identify standard elements included within each FASB ASU
• Distinguish between different transition requirements
• Recognize SEC disclosure requirements relating to pending ASUs
• Identify best practices for effectively tracking ASUs
Course Specifics
Course ID ss1223587 |
Revision Date March 14, 2022 |
Number of Pages 36 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …
Evaluating and Properly Disclosing FASB Accounting Standard Updates (ASUs)
$29.00 – $49.00