News Release 07/23/18

Registration Opens for CPE Webcast,
IN FOCUS: FASB Update for Accounting Educators

Participants in Live Webcast Eligible for Up to 3.5 CPE Credits

Norwalk, CT, July 23, 2018Registration is now open for the first annual Financial Accounting Standards Board (FASB) webcast aimed at university and college accounting educators.  The webcast, titled IN FOCUS: FASB Update for Accounting Educators, will take place on Thursday, September 6, 2018, from 12:30 to 3:30 p.m. Eastern Daylight Time.
Participants in the live broadcast (which is offered free of charge to those who preregister) will be eligible for up to 3.5 hours of Continuing Professional Education (CPE) credits. (CPE credit is not available for group viewing of the live broadcast.)
The webcast will feature FASB Member Christine A. Botosan, FASB Technical Director Susan M. Cosper, FASB Assistant Director—Nonpublic Entities Jeffrey D. Mechanick, and FASB Post-Doctoral Fellow Kurt H. Gee providing high-level overviews of the following topics:
  1. The FASB’s current agenda
  2. Recent amendments to the accounting for Goodwill, Cloud Computing Implementation Costs, and Nonemployee Share-Based Payments
  3. The recently issued Tax Cuts and Jobs Act guidance and implications for accounting for income taxes
  4. The FASB’s Disclosure Framework projects
  5. Other recent and soon to be issued standards, including Credit Losses and Insurance
  6. Noteworthy ongoing projects related to Goodwill, the Conceptual Framework, Performance Reporting, Liabilities and Equity, and Balance Sheet Classification of Debt
  7. FASB resources for academics and programs to connect academic research to standard setting
  8. Audience question-and-answer session.  
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, visit

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