News Release 10/09/18

Registration Opens for CPE Webcast
IN FOCUS: FASB Accounting Standards Update on Insurance


Participants in Live Webcast Eligible for Up to 1 CPE Credit

Norwalk, CT, October 9, 2018Registration is now open for an upcoming webcast that will provide an overview of the recently issued standard that improves accounting for long-duration contracts issued by insurance companies. IN FOCUS:  FASB Accounting Standards Update on Insurance will take place on Thursday, November 15, 2018, from 1:00 to 2:00 p.m. Eastern Standard Time.
 
Participants in the live broadcast (offered free of charge) will be eligible for up to 1 hour of Continuing Professional Education (CPE) credit. (CPE credit is not available for group viewing of the live broadcast.)
 
The webcast will feature FASB Member Christine Botosan, FASB Senior Project Manager Alex Casas, and FASB Project Manager Jay Shah.
 
Through this session, participants will learn about:
  1. The history of the insurance project and why it was added to the FASB’s technical agenda
  2. Changes to the recognition, measurement, and disclosure guidance in the new standard, and
  3. Transition guidance for the new standard. 
An archive of the webcast will be available on the FASB website after the live event. (CPE credit will not be available to those who view only the archived webcast.)
 
For more information about the webcast, including the course description and registration page, visit www.fasb.org.


About the Financial Accounting Standards Board

Established in 1973, the FASB is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP). The FASB is recognized by the Securities and Exchange Commission as the designated accounting standard setter for public companies. FASB standards are recognized as authoritative by many other organizations, including state Boards of Accountancy and the American Institute of CPAs (AICPA). The FASB develops and issues financial accounting standards through a transparent and inclusive process intended to promote financial reporting that provides useful information to investors and others who use financial reports. The Financial Accounting Foundation (FAF) supports and oversees the FASB. For more information, visit www.fasb.org.