The FASB Conceptual Framework FLEXCAST
Available Until
Your Desk
2.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
In this course, Jeff Sailor, CPA demystifies FASB’s Concepts Statement No. 8, translating its core ideas into practical tools you can use to make, document, and defend accounting decisions. Moving chapter by chapter, Jeff shows how to connect the framework to real-world issues: selecting a measurement basis, evaluating when an item meets recognition criteria, distinguishing elements, and crafting disclosures that serve users rather than clutter the notes. Expect clear explanations, concrete examples, and Jeff’s signature humor to keep you engaged while you sharpen the judgment calls auditors, controllers, and preparers face every day.
Highlights
FASB Conceptual Framework. FASB’s Concepts Statement No. 8.
Prerequisites
None.
Designed For
CPAs and other accounting professionals
Objectives
Describe the structure and elements of the FASB Conceptual Framework. Apply the primary qualitative characteristics. Apply the requirements for recognition and derecognition. Apply the concepts for measurement. Describe the criteria for footnote disclosures.
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
Jeff Sailor, Western CPE
Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software.
Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights with humor in high-energy presentations. He’s also adept at presenting complex topics in a very practical, easy-to-understand manner, thus earning him rave reviews for more than 20 years. Jeff currently presents seminars, webcasts, and in-house instruction for Western CPE. He’s also a featured speaker at national conferences as well as at state and regional meetings.
For more than 10 years, Jeff has served as an AICPA peer reviewer, focusing on small firms and sole practitioners. He also served on the Resource Committee for the Private Company Financial Reporting Committee (PCFRC). Jeff has spoken at two NASBA national conferences on how to make education more engaging for practitioners.
Non-Member Price $113.00
Member Price $98.00