Seminar
Live Replay WebinarBasic level
The FASB Conceptual Framework
Accounting is a man made science and thus it is critical to have a framework for consistency in standards. In this course Jeff will discuss the FASB Conceptual Framework which serves not only as the basis for the creation of new accounting standards, but can be used for better judgement in any accounting framework. In this course, Jeff Sailor will covers all eight chapters of the conceptual framework found in Concept 8. This will include recognition, measurement, qualitative characteristics along with many other topics. In addition, Jeff will include his signature video parodies, which are designed to keep you awake and reinforce the material.
Learning objectives
Upon completing this course, you should be able to:
- Describe the structure and elements of the FASB Conceptual Framework
- Apply the primary qualitative characteristics
- Apply the requirements for recognition and derecognition
- Apply the concepts for measurement
- Describe the criteria for footnote disclosures
Major topics
Discuss the foundational structure and key elements that comprise the FASB Conceptual Framework.
Explore the primary qualitative characteristics and key concepts related to recognition, measurement, and derecognition.
Analyze the criteria required for effective footnote disclosures in financial statements.
Who this is for
Accountants and financial professionals who want to understand accounting standards
Prerequisites: Basic understanding of accounting and auditing
Course details
- Recommended CPE credit
- 2 — Accounting
- Field of study
- Accounting
- Program level
- Basic
- Delivery method
- Group Internet Based
- Prerequisites
- Basic understanding of accounting and auditing
- Advance preparation
- None
- Length
- 1h 40m
- Course number
- 25c01320
- Provider
- CPE Today
CPE Today (Devmatics, LLC) 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 (Sponsor ID 167619). 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, nasbaregistry.org. For information about our refund, complaint, and program cancellation policies, see Company Policies or contact [email protected].
Your instructor
Jeff Sailor
Owner · Jeff Sailor Seminars
Jeff Sailor is a provider of high-quality, innovative Accounting and Auditing CPE Courses. For more than 30 years, Jeffrey L. Sailor, CPA and his creative team have produced the most informative, engaging and fun CPE courses available.
Full profile →Related reading from our instructors
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