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The objective of this course is to inform the reader of the various changes affecting accounting and financial reporting, as well as a review and recall of existing accounting standards. Topics include a summary of newly issued FASB statements, the new standard on the allowance for credit losses, post-implementation issues involving the new lease standard, discussion of accounting and financial reporting issues in the post-COVID-19 economy including impact of high inflation and interest rates, accounting and disclosures for 2024 issues related to the Employee Retention Credit (ERC) and Pass-Through Entity (PTE) tax, newly issued accounting standards updates (ASUs), and more.

Additional Course Details

  • Filed of Study: Accounting
  • Author: Steve Fustolo
  • Course Level: Overview
  • Pre-Requisites: Basic understanding of U.S. GAAP
  • None
  • Interactive: Yes
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