COVID-19 has not been good for live classroom training. It’s now been officially over a year since we facilitated a live, in-person training event. Needless to say, the pandemic forced us into virtual training, so we performed A LOT of accounting webinars last year. Nearly 10,000 people attended webinars facilitated by GAAP Dynamics in 2020, and, based on the feedback, it appears participants were very happy. Not too shabby!
If you’ve never experienced one of our webinars, we hope that you’ll give ours a try. Our webinars are interactive and application-based, with plenty of examples to illustrate key learning points. And, with GAAP Dynamics, you know it will be fun!
Well, it’s now 2021, and with the pandemic still in effect and in-person training events still uncertain, we figured we’d run it back! Here are the dates and topics for our 2021 quarterly accounting webinar series. Each webinar is scheduled for 90 minutes (1.5 CPE credits), beginning at 11:00 am EST.
Overview of ASUs Effective in 2021 (Thursday, May 6, 2021)
The FASB never sleeps and despite a wave of big standards issued over the past few years, new Accounting Standards Updates (ASUs) continue to be issued that impact financial accounting and reporting under U.S. GAAP. This webinar covers those ASUs applicable to both public and private entities that are effective in 2021. Accounting updates are a necessary evil, but that doesn’t mean they have to be mind-numbingly boring. We invite you to check it out for yourself and experience the GAAP Dynamics difference. Learn more about our free, CPE-eligible webinars for accounting firms here.
Applying ASC 326 (CECL) to Non-Banking Entities (Thursday, June 10, 2021)
Between adopting ASC 326, Financial Instruments – Credit Losses and the impact of the COVID-19 pandemic, banks took quite the “hit” to their allowance for credit losses in 2020. But did you know that the CECL model prescribed by ASC 326 also applies to other financial instruments measured at amortized cost, including trade receivables and contract assets? Therefore, ASC 326 is applicable to all entities, not just financial institutions. This webinar discusses practical ways that non-banking entities can apply the CECL model, including possible methodologies to arrive at their estimate of credit losses.
Don’t want to wait for the webinar? Check out our online, eLearning course, Credit Losses: Introduction to the CECL Model.
Overview of ASC 740, Income Taxes (Thursday, September 9, 2021)
In 2020 we had three blog posts that, combined, had over 42,000 views! The topic: accounting for income taxes in accordance with ASC 740 Income Taxes! Who knew taxes were so popular? Figuring if this many people were interested in the topic perhaps others would be too, we decided to do a webinar on it. In this webinar, we’ll discuss the accounting and reporting for income taxes under U.S. GAAP, including current taxes, deferred taxes (and the related valuation allowance), and uncertain tax positions.
Don’t want to wait for the webinar? Our ASC 740: Accounting for Income Taxes course collection (3 CPE credits) is available now for purchase!
Top 5 Lessons Learned from Adopting ASC 842, Leases (Thursday, October 28, 2021)
Imagine your balance sheet “blowing up” by millions of dollars. Well, that’s exactly what happened when public companies adopted ASC 842, Leases. And now it’s time for private companies to implement the new standard for fiscal years beginning on or after December 15, 2021. In this webinar, we discuss the accounting and reporting requirements for lessees in accordance with ASC 842, as well as the lessons learned from public companies when they adopted the new standard.
Don’t want to wait for the webinar? Check out our ASC 842: Leases course collection. Consisting of 4 online, eLearning courses (6 CPE credits), this collection will get you up to speed on the new standard!
These webinars are free for our corporate clients!
While these webinars are available for purchase individually by the general public ($89 each), our corporate learners on the Revolution receive access to the webinars for FREE. This is just one of the many benefits of becoming a learner on the Revolution, our online learning platform, through your company or organization. If you’re a corporate client of GAAP Dynamics, be on the lookout for an email to sign up.
Need a tailored webinar for your organization? No problem. We do those too! Let’s talk. We’d love to discuss your training needs and see if we can help!
About GAAP Dynamics
We’re a DIFFERENT type of accounting training firm. We don’t think of training as a “tick the box” exercise, but rather an opportunity to empower your people to help them make the right decisions at the right time. Whether it’s U.S. GAAP training, IFRS training, or audit training, we’ve helped thousands of professionals since 2001. Our clients include some of the largest accounting firms and companies in the world. As lifelong learners, we believe training is important. As CPAs, we believe great training is vital to doing your job well and maintaining the public trust. We want to help you understand complex accounting matters and we believe you deserve the best training in the world, regardless of whether you work for a large, multinational company or a small, regional accounting firm. We passionately create high-quality training that we would want to take. This means it is accurate, relevant, engaging, visually appealing, and fun. That’s our brand promise. Want to learn more about how GAAP Dynamics can help you? Let’s talk!
This post is published to spread the love of GAAP and provided for informational purposes only. Although we are CPAs and have made every effort to ensure the factual accuracy of the post as of the date it was published, we are not responsible for your ultimate compliance with accounting or auditing standards and you agree not to hold us responsible for such. In addition, we take no responsibility for updating old posts, but may do so from time to time.