2026 Hot Topics Accounting Update FLEXCAST
Available Until
Your Desk
2.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
Don’t let critical accounting changes catch you off guard. This course walks you through the most impactful FASB activity and Accounting Standards Updates through ASU 2025-12 so you can advise clients and prepare financial statements with confidence. You’ll learn about key developments across interim reporting, government grants for businesses, hedge accounting, software cost capitalization, CECL simplifications for Topic 606 receivables, and more. Each accounting course topic is broken down with their effective dates, transition options, and their real-world examples. Whether you serve public or nonpublic entities, this accounting course will bring you up to date on standards that are effective now and what standards might be implemented in the future, helping you stay ahead of disclosure requirements, measurement changes, and evolving reporting expectations.
Highlights
Recent FASB Accounting Standards Updates overview. Interim reporting disclosures. Accounting for government grants received by businesses. Derivatives and hedge accounting improvements and scope clarifications. Credit losses and CECL application, including Topic 606 receivables. Accounting for internal-use and cloud-related software costs. Share-based consideration payable to customers. VIE acquisitions and acquirer determination. Crypto asset accounting at fair value. Investments in tax credit structures. Joint venture formation accounting. Convertible debt and induced conversion accounting. Profits interest and share-based compensation awards. Income tax disclosure enhancements. Codification improvements and expanded financial statement disclosures, including disaggregation of income statement expenses.
Prerequisites
None.
Designed For
CPAs and accountants.
Objectives
Recall highlights of recent accounting standards activity through ASU 2025-12. Identify current hot topics in accounting and financial reporting affecting 2026 reporting considerations. Recognize key provisions and disclosure requirements related to recent guidance on interim reporting, government grants, and software costs. Distinguish effective dates and transition approaches for selected recent Accounting Standards Updates. Identify recent developments involving credit losses, share-based consideration, income tax disclosures, and other codification improvements.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Jennifer Louis, Surgent McCoy CPE LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and presenting high-quality training programs in a wide variety of technical accounting, auditing, and “soft skills” topics needed for professional and organizational success. She is the principal author of audit and attest related courses for Surgent and a frequent speaker at Surgent live programs and seminars. Ms. Louis is also the president of Emergent Solutions Group, LLC, a company she founded in 2003, dedicated to developing and delivering a wide variety of accounting and auditing training services, including audit staff training, audit productivity improvement, and value-added auditing. Prior to that, she was executive vice president/director of training services at AuditWatch, Inc. Before joining AuditWatch, Ms. Louis was the financial/operational internal audit manager at AARP. While at AARP, she served as one of their specially trained facilitators available as a resource throughout the organization for designing and leading strategic meetings and training sessions. Ms. Louis was also an audit manager for Deloitte and Touche, LLP. During her years in that firm’s Washington, D.C. office, she served as an instructor for the firm’s national “Train the Trainers” program. Ms. Louis graduated summa cum laude from Marymount University with a BBA in accounting.
Non-Member Price $113.00
Member Price $98.00