The course will start with the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. We will also review year two implications of the leases standard, including modification accounting. We will then switch our attention to the items coming down the pike, including a look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation. 

Agenda:

• FASB ASUs Effective (pg5)
• Leases (pg59)
• Concept Statements (pg88)
• FASB Down the Pike (pg103)
• FASB Projects (pg168)