Topic 958: Presentation & Disclosures by NFPs for Contributed Nonfinancial Assets 2 Credits
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Jun 07, 03:00 PM
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Sometimes it is a challenge to keep up with the amendments in accounting standards issued by FASB.
In this CPE webinar, speaker Mike Morley will quickly bring you up to date on the applicable amendments introduced by FASB in Topic 958: presentation and disclosures for contributed nonfinancial assets.
The amendments in this Topic 958 Update, address certain stakeholders ‘concerns about the lack of transparency about the measurement of contributed nonfinancial assets recognized by NFPs, as well as the amount of those contributions used in an NFP’s programs and other activities. Topic 958 specifies disclosure and presentation update requirements. It acknowledges differences with GAAP.
Major Topics Covered in this online course:
Join this CPE course to understand all the updates of Topic 958.
Here is the link to your interests: Accounting CPE course.
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Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.
An entertaining and informative speaker and trainer, Mike is the author of:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
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To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
JP
Great course to learn disclosure requirements for nonfinancial assets. I work for NFP, understanding the reporting and disclosure, FMV component was valuable.
ED
satisfied
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