GAAP Alternatives: Perfect Storm

Overview

Companies operating in today’s business climate are weathering a storm of major FASB updates. Companies and their advisors may want to consider non-GAAP options as they develop strategies involving revenue recognition, leasing, credit losses, and other FASB pronouncements. This session will provide an overview of special purpose frameworks that may present salient alternatives to U.S. GAAP for certain entities.

Highlights

• Review of special purpose frameworks
• Discussion of non-GAAP options for financial reporting
• U.S GAAP alternatives for certain entities

Prerequisites

Basic working knowledge of U.S. GAAP.

Designed For

CPAs in public practice or members in industry.

Objectives

• Indicate and discover non-GAAP option for client engagements
• Better comprehend special purpose frameworks

Preparation

None