Companion to PPC's Guide to GAAP - Course 1 - Accounting Changes, Error Corrections, Consolidation, Investments, and Leases (GAPTG211)  

Identify the GAAP requirements when an entity has an accounting change or makes an error correction.

Recognize the accounting and disclosure requirements GAAP makes in relation to consolidation.

Determine the requirements that apply to investments in debt and equity securities before and after the adoption of ASU 2016-01.

Determine the GAAP requirements for use of the equity method.

Determine GAAP requirements for other types of investments, including the use of the cost method, life insurance, and life insurance settlement contracts.

Recognize how to account for leases before and after the adoption of ASU 2016-02.

Identify the required lease disclosures both before and after the adoption of ASU-2016-02.