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CNM227 – Recent GAAP Developments

Course and Test $ 100.00
Course and Test PDF $   80.00
Additional Hard Copy Test $   18.00
Additional Online Test $   18.00


SKU: CNM227 Category:

NASBA Color logo-1 inch

CPE Credit Hours: 6

Field of Study: Accounting


  • Recognize the definition of a contract as defined in Accounting Standards Update 2014-09, Revenue from Contracts with Customers.
  • Recognize the required criteria of a contract that must be present in order to apply the revenue recognition standard.
  • Recognize the steps required to recognize revenue.
  • Recognize the disclosure requirements of the new revenue standard.
  • Recognize the definition of substantial doubt as defined by Accounting Standards Update 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.
  • Recognize when to use the going concern basis of accounting.
  • Recognize the key changes related to reporting discontinued operations as a result of the issuance of Accounting Standards Update 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.
  • Recognize the key provisions of Accounting Standards Update 2013-07, Liquidation Basis of Accounting.

More Information

This is a self-study CPE course.
Program level: Basic
Prerequisites: None
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase