CPE & Event Catalog

Financial statement translation. Foreign currency transactions. Other foreign currency topics.

Types of shipment. Accounting for freight-in. Accounting for freight-out. Analysis of freight-in charges. Controls over freight.

Accounting for guarantees. Direct guarantees vs. Indirect guarantees. The guaranteed party. Warranties. Examples of pertinent SEC filings.

Overview of hedge funds. Net asset value. Accounting for the portfolio. Accounting for investor transactions. Bank accounts. Hedge fund reporting.

General impacts from held for sale accounting. Held for sale criteria. Active program to locate buyer. Significant changes to plan of sale is unlikely. Timing of held for sale classification. Measurement of held for sale assets.

Overview of income taxes. Change in tax status. Taxes related to undistributed earnings. Interim reporting. Income taxes presentation. Income taxes disclosure.

Goodwill. Goodwill amortization. Non-goodwill intangible assets. Internal use software. Website development costs. Patents. Intangible disclosures.

Inventory. Periodic and perpetual inventory systems. Inventory record accuracy. Inventory counting and reconciliation. Estimating ending inventory. Inventory cost layering. Standard costing inventory. Job costing, and more.

Complex capital structures. Transaction dating. Investment accounts. Financial instruments. Financial statements.

Nature of a lease. Lease components. Initial direct cost. Lease consideration. Lease term. Initial measurement of lease payments. Subsequent measurement of lease payments. Types of leases, and more.

Types of legal disputes. Importance of accurate evaluation. Applicable U.S. GAAP guidance. Likelihood of litigation outcomes. Assessing the likelihood of litigation outcomes. Role of legal counsel. Asserted vs. Unasserted claims. Recognition and measurement of legal contingencies. Gain contingencies. Financial statement disclosures.

Accounting information. Introduction to accounting. Financial statements. Interpreting financial statements. Evaluation of responsibility centers. Overview of selected accounting standards.

The essentials of merchandising operations. The merchandising flow of costs. Recording the purchase of merchandise. Recording the sale of merchandise. Accounting for gift cards. Accounting for warranties. Accounting for sales taxes. Closing adjustments.

Stages of certainty regarding minerals found. Special topics. Depreciation and amortization. Asset retirement obligations. Business combinations. Financial disclosures.

Cash basis accounting vs. accrual basis accounting. Brokerage revenues. Brokerage expenses. Brokerage assets. Real estate brokerage reporting.

Factoring purposes. Factoring considerations. Applicable U.S. GAAP. Sale condition requirements. Legal isolation of the assets. True sale opinion. Right to pledge or exchange. Effective control. Factoring arrangements that qualify as a sale. Re-recognition events. Factoring arrangements not qualifying as a sale.

Overview of retirement benefits. Defined benefit plans. Defined contribution plans. Retirement benefit disclosures.

Types of ships. Revenue resources. Operating expenses. Ship owner departments. Accounting for financing of ship construction. Ship purchase commitments. Ship construction costs. Ship depreciation issues.

Internal use software. Website development costs. Software inventory. Costs to develop entertainment and educational software. Revenue recognition for software sales. Presentation issues. Disclosure issues.

What is and is not internal use software? Stages of software development. Commencement of capitalization. Amortization - cloud-based arrangements. Internal use to external. Embedded software. Technological feasibility. Considerations with multiple modules. Allocation of indirect costs. Alternative future use. Software for resale disclosure requirements (ASC 985-20).