Getting Ready for the Fall: Accounting Standard Updates

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Join Dr. Wendy Tietz, Tracie L. Miller-Nobles, and Elizabeth A. Gordon who will share recent updates to FASB accounting standards.

As you are getting ready for teaching in the Fall, we’ll help with getting you up to speed on recent updates to FASB accounting standards that affect Introductory Financial Accounting and Intermediate Accounting.

Panelists in this session review the basics of recent changes from current GAAP, share their insights on the revised standards, and discuss implications for the classroom. Topics will include

  • Revenue recognition
  • Leases
  • Financial instruments
  • Inventory lower-of-cost-or-market
  • Bond issue costs
  • Deferred taxes

Teaching materials related to the revised standards will be shared. This session is aimed at instructors of both Introductory Financial Accounting and Intermediate Accounting.