- NY Credits : 2.0
- TX Credits : 2.0
J. Russell Madray, CPA, CGMA, looks at major guidance issued by the FASB in both 2020 and 2021. The Accounting Standards Updates he considers are ASU 2020-06, ASU 2020-07; ASU 2021-01, ASU 2021-02, and ASU 2021-03. The general areas included in those ASUs relate to accounting for convertible debt and the EPS impact, contributed nonfinancial assets and disclosures by nonprofits, revenue recognition by franchisors, reference rate reform, and goodwill.
Included with subscription(s):
Upon successful completion of this course, the user should be able to:
identify recent FASB guidance;
recognize the impact of new guidance on franchisors; and
additional alternatives related to goodwill.