CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

2020 World's Liveliest Accounting Update

Icon_Webcast
Webcast
Icon_Level
Update
Credits
CPE Credits
4 Credits: Accounting

Course Description

The amount of change in the accounting profession is
staggering, making it tough for the average CPA to keep up. This course will
get you up to date with the latest information coming from the FASB.

 

In this course, Jeff Sailor will bring his truly unique
presentation style to cover the most important topics you need to know. He will
cover present the latest GAAP pronouncements, along with his signature video
parodies, which are designed to keep you awake and reinforce the material.

Learning Objectives

Upon successful completion of this course, the
participant should be able to:

  • Apply the most pervasive accounting updates
    issued by the FASB
  • Apply the new provisions for Credit Losses
  • Apply the classification criteria to determine
    whether a lease is a finance or operating lease for a lessee

  • Apply the classification criteria to determine whether a lease is a sales type,
    direct financing or operating lease for a lessor

  • Apply the lease standard for a finance lease

  • Apply the lease standard for an operating lease

  • Describe potential pitfalls related to the new standard

  • Describe alternatives to the lease standard
  • Describe the evolution of the revenue standard

  • Apply the five-point framework for revenue recognition

  • Identify various specialty areas for revenue recognition

  • Apply the revenue framework to basic business models
  • Identify the changes for not-for-profit
    accounting under GAAP
  • Describe the basics of the narrow scope GAAP
    updates

Course Specifics

Course ID
WC11196706
Revision Date
November 26, 2019
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Jeff Sailor Headshot
Jeff Sailor, CPA

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software. Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights …

Jeff Sailor, CPA Read More »

2020 World's Liveliest Accounting Update

Expert Instructors
CPE CREDITS
4 Credits: Accounting

$196.00

Icon_Webcast
Webcast
Icon_Level
Update
Credits
CPE Credits
4 Credits: Accounting

Course Description

The amount of change in the accounting profession is
staggering, making it tough for the average CPA to keep up. This course will
get you up to date with the latest information coming from the FASB.

 

In this course, Jeff Sailor will bring his truly unique
presentation style to cover the most important topics you need to know. He will
cover present the latest GAAP pronouncements, along with his signature video
parodies, which are designed to keep you awake and reinforce the material.

Learning Objectives

Upon successful completion of this course, the
participant should be able to:

  • Apply the most pervasive accounting updates
    issued by the FASB
  • Apply the new provisions for Credit Losses
  • Apply the classification criteria to determine
    whether a lease is a finance or operating lease for a lessee

  • Apply the classification criteria to determine whether a lease is a sales type,
    direct financing or operating lease for a lessor

  • Apply the lease standard for a finance lease

  • Apply the lease standard for an operating lease

  • Describe potential pitfalls related to the new standard

  • Describe alternatives to the lease standard
  • Describe the evolution of the revenue standard

  • Apply the five-point framework for revenue recognition

  • Identify various specialty areas for revenue recognition

  • Apply the revenue framework to basic business models
  • Identify the changes for not-for-profit
    accounting under GAAP
  • Describe the basics of the narrow scope GAAP
    updates

Course Specifics

Course ID
WC11196706
Revision Date
November 26, 2019
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

Course Instructor

Jeff Sailor Headshot
Jeff Sailor, CPA

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software. Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights …

Jeff Sailor, CPA Read More »

2020 World's Liveliest Accounting Update

Expert Instructors
CPE CREDITS
4 Credits: Accounting

$196.00