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ACCOUNTING
CREDIT ANALYSIS
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About |
OverviewMuch of the change in GAAP in recent years is the result of collaboration between the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to bring US and international accounting principles closer together. At some point, both groups decided they were as close as they would be likely to get on several key concepts-revenue recognition, lease capitalization, and CECL. In addition, FASB decided to revise financial statement disclosure for the large and growing not-for-profit segment of the American economy. Why should you attend this webinar?We tend to take accounting for granted-debits equal credits, total assets equal total liabilities and stockholder's equity. Generally accepted accounting principles (GAAP) are generally accepted because they do not change often, and when they do, there are good reasons for the change. Who can Benefit:
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Call for Papers |
Areas Covered in the Session:
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Credits and Sources |
[1] Accounting Principles 2020 : Mind the GAAP: What New US Accounting Principles Mean for Borrowers and Lenders |