CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.
CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.
1 CPE credit of Accounting for all CPAs
1 General Educational credit for Tax Professionals / Bookkeepers / Accountants
Building A 7-Figure Tax Practice While Black
How to build a successful tax practice
Top Hacks for Tax Season 2021
Four Essential Tools for Media Success
Pivot Your Marketing in Response to COVID-19
Public Relations and Marketing for Small Business Owners
Improve Your Virtual and In Person Networking Success
Lessons for In-Person Networking Success
Rev Up Your Newsletter or Start One
Why HER and Not ME? How YOU Can be the Accountant Reporters Call
Niche Strategy: Grow Your Bottom Line with High Value Clients
Succession Planning in Accounting Firms: How to Recruit, Develop and Retain Successors
Why You Should Care About the CARES Act
The Power of Succession Planning
The Power of Business Continuity
The accounting principles related to accounting changes and error corrections are included within ASC Topic No. 250. Similar to many other ASC topics, this topic includes a discussion of the objectives of the guidance, scope exceptions, a glossary, as well as presentation and disclosure matters. When you refer to the status section of this ASC topic (ASC 250-10-00), you will quickly note that the amendments included within this subtopic through the issuance of FASB Accounting Standards Updates (ASUs) are fairly limited, at least relative to other ASC topics which have been extensively revised over the years.
This course provides an overview of the accounting requirements with respect to accounting principle changes. The scope of accounting changes includes a discussion of changes in accounting principles, changes in accounting estimates, as well as changes of a reporting entity. A majority of the information included within this course is sourced from the requirements found within FASB ASC Topic No 250, Accounting Changes and Error Corrections.
Major Topics Covered :
