Webcast
2026 Annual Accounting and Financial Reporting Update
Get up to speed on the most important 2026 accounting and financial reporting developments in one practical update. This course explains recent FASB standards and hot topics in plain language, with a focus on effective dates, key requirements, and real-world reporting impact.
$196.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
4 Credits: Accounting
Course Level
Update
Format
Webcast
Course Description
Stay current on the accounting and financial reporting developments shaping 2026. In this 4-credit update, Jennifer Louis walks through recently issued Accounting Standards Updates and other key FASB activity, translating complex guidance into plain language that helps practitioners understand what changed, why it matters, and when new requirements take effect. Topics include interim reporting, government grants, hedge accounting, software costs, CECL for Topic 606 receivables, share-based consideration payable to a customer, VIE acquisitions, crypto assets, income tax disclosures, and other current standard-setting activity.
Designed for accountants and financial professionals who need an efficient but substantive update, this course focuses on the practical impact of recent guidance for both public and nonpublic entities. Participants will leave with a clearer understanding of effective dates, emerging reporting issues, and the hot topics most likely to affect financial statement preparation, analysis, and disclosure decisions in the coming periods.
Learning Objectives
Upon completion of this course, participants will be able to:
- Recall key developments in recent FASB standard-setting activity through ASU 2025-12.
- Identify major effective dates for new accounting and financial reporting standards affecting public and nonpublic entities.
- Recognize the accounting and disclosure requirements associated with government grants received by business entities.
- Identify selected changes related to derivatives, hedge accounting, and purchased loan credit losses.
- Recognize the capitalization, impairment, and disclosure considerations associated with software costs.
- Recall key considerations in applying CECL to current accounts receivable and contract assets arising under Topic 606.
- Identify accounting considerations for share-based consideration payable to a customer and selected business combination issues involving VIE acquisitions.
- Recognize current and emerging U.S. GAAP issues involving crypto assets, income tax disclosures, and other recent accounting hot topics.
Course Specifics
WC1126472537
April 13, 2026
Basic knowledge for GAAP.
None
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
Webcast
