Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

GAAP for Industry (GAAPI)

8-Hour Program (Great industry course)

WHY ATTEND THIS COURSE?

The requirements of U.S. GAAP are often complex and overwhelming for professionals who prepare financial statements. The complexities and constant changes to existing standards require diligence and focus. History shows that certain areas continue to pose challenges for many preparers. This program is specifically geared toward professionals in the accounting industry. We cover some of the more challenging areas in U.S. GAAP, including business combinations, goodwill and impairments, joint ventures, derivatives and hedging, as well as upcoming changes to revenue recognition, which will be a challenge to all! The course includes numerous practical examples, and participants will have the opportunity to work out the mechanics of complex standards during the seminar.

DESIGNED FOR...

Accountants preparing financial statements. This course provides answers to some of the more complicated accounting issues preparers of industry financial statements face every day.

OBJECTIVE

Participants will be able to:

  • Explain the accounting for specific U.S. GAAP requirements
  • Apply troublesome pronouncements

MAJOR SUBJECTS

(Content has been revised to reflect the 2017 Tax Cuts and Jobs Act)

  • Business combinations
  • Common derivative arrangements and hedging
  • Goodwill and impairment losses
  • Debt modifications and troubled debt restructuring
  • Joint ventures and collaborative arrangements
  • Stock-based compensation
  • New revenue recognition lease and financial instrument standards

COURSE ACRONYM: GAAPI

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Accounting

RECOMMENDED CPE CREDIT: 8 hours


NOTE: This course is available as an 8-hour, 4-hour, and 2-hour program:

  • GAAP for Industry (GAAPI)
  • Fair Value: Measurement (FV4)
  • Derivatives and Hedging (DH2)
  • Variable Interest Entities and Related Party Leases (VIE2)

CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are 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 final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.