IN FOCUS: FASB Accounting Standards Update on Insurance

FASB) is pleased to announce its webcast providing an overview of the recently issued Accounting Standards Update (ASU) No. 2018-12, Financial Services—Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts.

Speakers: Christine A. Botosan, FASB Member; Alex Casas, FASB Senior Project Manager; Jay Shah, FASB Project Manager.
 
Learning Objectives: At the end of this program, participants will possess a general understanding of:

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 ASU
3. Transition guidance for the ASU.

Field of Study: Accounting

Delivery Method:  Group-internet based

Program Level: Overview

Program Prerequisites: None

Advanced Preparation Needed: None

Recommended CPE: 1.0 hours; final CPE earned will be determined based on the length of participation in the program, polling questions as described in CPE Eligibility, and completion of a course survey. Credit is provided only to participants in the live broadcast of this course. Please note that credit is not provided for group viewing. Each participant must be registered separately and meet both polling and duration requirements as per NASBA.

Refund/Cancellation Policy: There is no cost for this course and there is no cancellation penalty. Participants will be notified by email as soon as possible if the course is cancelled for any reason.

Complaint Policy: To register complaints about course content or delivery method and to inquire about the timeliness and accuracy of CPE credit posting for this event, contact CPEDirector@fasb.org.


Official National Registry of CPE Sponsors' Statement

The Financial Accounting Foundation/FASB/GASB is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/cpas/complaints.

NASBA National Registry of CPE Sponsors—Sponsor License Number 107522

Texas Sponsor Number 000016