Annual FASB Update and Review

This program provides a thorough, accurate update on selected FASB statements and interpretations. Detailed discussion is included on business combinations, goodwill, impairment of long-lived assets, disclosures relating to stock-based compensation and selected FASB Statements.

Who Should Attend:

Accountants who need a detailed introduction to new financial accounting standards and a refresher in other standards.

Prerequisites: Some accounting background

Upon Completion of the Program, Participants Will Be Able To:

• Understand select FASB Statements and FASB Interpretations

Key Topics and Objectives:

Business Combinations (SFAS 141)

Goodwill and Other Intangible Assets (SFAS 142)

Accounting for Asset Retirement Obligations (SFAS 143)

Impairments (SFAS 144)

Accounting for Costs Associated with Exit or Disposal Activities (SFAS 146)

Consolidation of Variable Interest Entities (FASB Interpretation 46 Revised)

Accounting for Certain Financial Instruments with Characteristics of Both

Liabilities and Equity

Other FASB Pronouncements:

SFAS 148

SFAS 132 Revised

Quality programs – offered on-site and adapted for your company. Contact Jim Hoffman at 214.763.9644 or via email at jhoffman@pdi.org. Visit us online at www.pdi.org