A brief overview of significant accounting standards issued in 2018
| | | | | | | Learn more with this web seminar. | | | | | | | |
|
| |
| | | | | | | A brief overview of significant accounting standards issued in 2018
Nov. 15, 2018 | 2 PM ET/11 AM PT | | | | Hello John, | | | | In this webinar, we will provide an overview of significant FASB Accounting Standards Updates (ASUs) issued during 2018. For each ASU included in the webinar, the discussion will focus on helping you understand the context, significant changes and major changes to practice. During the brief webinar, we plan to cover the following ASUs issued during 2018: | | | | ASU No. 2018-15, which provides guidance on accounting for costs of implementation activities in a cloud computing arrangement that is a service contract. The guidance aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement with those for capitalizing costs incurred to develop or obtain internal-use software. ASU No. 2018-08, which provides clarifying and amended guidance concerning (1) the determination of whether a transaction should be accounted for as an exchange or as a contribution, and (2) whether a contribution received is conditional or unconditional. ASU No. 2018-11, which (1) adds an optional transition method allowing entities to apply the new lease accounting rules through a cumulative-effect adjustment to the opening balance of retained earnings in the initial year of adoption, (2) adds an optional practical expedient permitting lessors, under certain circumstances, not to separate the lease and non-lease components by class of underlying assets, but rather to account for them as a single combined component, and (3) clarifies the accounting treatment for such a combined component. ASU No. 2018-02, which provides an option to allow the reclassification to retained earnings of the income tax effects of items remaining within accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act of 2017. |
| Register Now | | | Wayne Kerr, CPA
Senior Consultant
Thomson Reuters
(Speaker) | | | Dan Hood
Editor-in-Chief
Accounting Today
(Moderator) | | |
|
| | |
|
| | |
| |
| | | | | | | NASBA CPE Credit is being offered for this webinar.**
SourceMedia Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. |
|
** In order to qualify to receive the CPE credits you will need to attend and stay on the seminar for its duration, which is about 60 minutes. This seminar not approved for IRS CPE Credit.
| | | | |
| |
| | | | | | | | ABOUT | CONTACT | PRIVACY | | | SourceMedia | One State Street Pl. 27th Floor | New York, NY 10004
Customer Service: 212-803-8500 | | | This email was sent to newsletter@newslettercollector.com because you are subscribed to Accounting Today Web Seminars.
Click Here to Opt-Out from this Web Seminar
Click Here to Update Email Preferences
Can’t see this email properly? View Online | | |
| |
|
|
|
- - - - - - - - - - - - - - - - - - - - - - - - - |
|
