WEBINAR

Led by Jeffrey Mechanick, Senior Staff for the Financial Accounting Standards Board (FASB), this webinar will cover key topics in our annual accounting update for not-for-profit (NFP) and educational organizations, including: 

• Overview of what’s currently on the FASB’s technical and research agendas, highlighting projects affecting NFPs 
• The FASB’s current public agenda consultation 
• Recent Accounting Standards Updates (ASUs) on applying the credit losses standard (CECL) to short-term receivables, software development costs, and environmental credit programs 
• Current projects on the equity method of accounting, cash equivalents (disclosure enhancements and classification of certain digital assets), and subjective acceleration clauses and debt default disclosures 
• Recent discussions with the FASB’s NFP Advisory Committee on current financial reporting issues 
• Other recent ASUs and projects-in-process affecting NFPs 

This presentation ends with a Q&A session. 

Live event participants can earn up to 1.5 CPE credits in the Accounting field of study. See additional details below.

SPEAKERS

CPE Information

Live event participants can earn up to 1.5 CPE credits in the Accounting field of study. 

Program description: Join us for the latest installment in our Not-for-Profit and Education webinar series as we present our annual accounting update.  In this webinar, Jeffrey Mechanick, Senior Staff for the Financial Accounting Standards Board (FASB), will cover relevant topics, including recent changes to FASB’s technical and research agendas, recent and pending Accounting Standards Updates (ASUs), current FASB projects, and more. 

Program level: Overview: General review with no prior knowledge 

Prerequisites: None

Advanced preparation: None

Topics to be discussed include:

• Identify what’s currently on the FASB’s technical and research agendas, highlighting projects affecting NFPs. 
• Discuss the FASB’s current public agenda consultation. 
• Review recent Accounting Standards Updates (ASUs) on applying the credit losses standard (CECL) to short-term receivables, software development costs, and environmental credit programs. 
• Examine current projects on equity method of accounting, cash equivalents (disclosure enhancements and classification of certain digital assets), and subjective acceleration clauses and debt default disclosures. 
• Summarize recent discussions with the FASB’s NFP Advisory Committee on current financial reporting issues. 
• Evaluate other recent ASUs and projects-in-process affecting NFPs. 

Instructional Delivery Method: Webinars: Group Internet Based

Course Registration Requirements: Landing pages feature this content prior to CPE credit approval.

Official NASBA sponsor statement, if an approved NASBA sponsor (explaining final authority of acceptance of CPE credits):

CohnReznick 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 board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

"CohnReznick" is the brand name under which CohnReznick LLP and CohnReznick Advisory LLC and their respective subsidiaries provide professional services. CohnReznick LLP and CohnReznick Advisory LLC (and their respective subsidiaries) practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. CohnReznick LLP is a licensed CPA firm that provides attest services to its clients. CohnReznick Advisory LLC provides tax and business consulting services to its clients. CohnReznick Advisory LLC and its subsidiaries are not licensed CPA firms.