EVENT DESCRIPTION

This course will provide an information update on all 2017 Improvements, Exposure Drafts, Standards effective January 2017 and 2018, and Advisory Committee meetings for ASPE and NFPO. It will include an overview and summary of updates which require awareness and provide practical application and hands-on practice for more complex updates.

LEARNING OBJECTIVES:

  • Summarize annual Accounting Updates for low risk (typical/low complex/previously covered) standards, including: clarifications for subsidiaries (1561) and joint arrangements (3056), and updates for both ASPE and NFPO Advisory Committees
  • Explain how to apply specific high risk (more complex/imminent) updated standards, 2017 ASPE Annual Improvements, applying the cost method for subsidiaries, and for “hot topics” (practice inspection topics, practice advisory, and other tbd)
  • List relevant publications (with links)