Surgent's Performing Effective Accounting Research

Overview

Financial accounting can be complex. An integral part of a senior associate’s job responsibilities is to perform effective and efficient research using the FASB’s Accounting Standards Codification (ASC). In this session, participants will be introduced to the ASC, including how it is structured, organized, and updated. They will also learn about other information that can be accessed from the ASC. Next, the session will cover best practices for effective research using the ASC, including the ASC’s search functionality and other tools that will make accounting research easier to perform. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 4.)

Highlights

• Structure of the ASC codification
• Content included and not included in the ASC
• Other information contained in the codification
• Best practices for performing effective and efficient accounting research

Prerequisites

Experience in accounting and attestation

Designed For

Accountants with several years in the auditing profession

Objectives

• Determine the sources of authoritative U.S. GAAP
• Recall FASB Research and information sources
• Identify the structure of the Accounting Standards Codification
• Recall how to perform research with the ASC

Preparation

None

Notice

This on-demand webcast can be taken at any time of your choosing and is valid for one year from the date of purchase. No live instructor is present, and an exam is required to earn credit. You must score 70% or higher to earn the certificate.

How do I access my Self-Study Package?

Visit https://www.surgentcpe.com/login and enter your username (your LCPA email address) and password. If you do not remember your password, press the "Forgot?" button to receive a password reset email. Once logged in, the page will refresh to display your account menu on the left side.