Mastering Complexities in Financial Accounting Standards

10 CPE Credit Hours

After completing this course, participants will be able to:

Apply the five-step ASC 606 framework to complex revenue arrangements while ensuring compliance with disclosure requirements.

Evaluate lease accounting requirements for lessees and lessors, including recognition, measurement, and disclosures.

Apply consolidation and business combination guidance under ASC 805 and 810 to complex ownership structures.

Implement ASC 820 fair value concepts and disclosure requirements across diverse asset and liability categories.

Analyze accounting requirements for financial instruments and derivatives under ASC 815 and 825.

Apply impairment testing guidance under ASC 350 and ASC 360 to goodwill, intangibles, and long-lived assets.

Evaluate accounting for share-based payments and employee benefit plans under ASC 718 and ASC 960.

Assess current accounting developments and convergence efforts shaping the future of U.S. GAAP and IFRS.

QAS Self-Study

Prerequisites: None

Advance preparation: None

Field of Study: Accounting – Technical

10 CPE credits

Published Date: 12/24/2025

Expiration/Review Date:12/24/2026

Participants must successfully complete the qualified assessment with a minimum of 70% accuracy within one year of course enrollment to obtain a certificate of completion and earn 10 CPE credits.