Emerging Issues Due to GAAP Changes for Nonpublic Entities (On-Demand Webinar)  

Upon successful completion of this course, the user should be able to:

• identify major new and upcoming FASB ASUs impacting non-public entities, including crypto-asset accounting, joint venture formation measurement, and tax-credit investment structures;

• differentiate between alternative accounting models-fair value, cost, equity method, and specialized methods-and determine when each applies based on GAAP criteria; and

• apply practical expedients and policy elections, such as CECL short-term receivable guidance and tax-credit proportionate amortization, while recognizing related disclosure and control requirements.