Course Summary
This three-day course provides a detailed overview of the technical issues faced in producing US GAAP financial statements.
The program covers, through the use of illustrative financial statements and exercises:

Sources of US GAAP
GAAP Codification
Consolidated financial statement requirements, including variable interest entities
Statement of financial position
Income statement
Discontinued operations
Changes in policies, accounting estimates and errors
Earnings per share
Comprehensive income
Cash flow statement
Statement of changes in equity
Revenue recognition (current FASB & SEC requirements)
Treatment of multiple deliverables
Service revenues
Current revenue issues
Inventory accounting
Business combinations (including an overview of the new standard )
Equity method accounting
Joint ventures
Equity investments
Intangible assets
Accounting for research …