U.S. GAAP PD Training Courses & Seminars for CPA, CGA, CMA and CA Professionals

We offer 5 courses in this category.  The U.S. GAAP courses and seminars are critical for the CPA working for a company that reports in U.S. GAAP or the CPA in public practice.

CPA, CGA, CMA and CA professionals earn 8 hours of PD per day of training and receive a PD attestation.

U.S. GAAP FASB Update - Advantage Montreal Seminars Inc.

Course 2036: U.S. GAAP FASB Update

  • FASB Finalized Accounting Standards Updates Effective in 2017 & 2018
  • FASB New Lease Standard
  • FASB Recent Developments on New Revenue Standard
  • FASB Financial Instruments Projects
  • PCC Private Company Developments
  • FASB New Variable Financial Interest Model
  • FASB Recent Developments on Consolidations & Business Combinations
  • FASB Impairment Testing Developments
  • FASB Fair Value Measurement Developments
Consolidated Financial Statements in U.S. GAAp and IFRS - Advantage Montreal Inc.

Course 2001: Consolidated Financial Statements in U.S. GAAP, ASPE and IFRS

The FASB and IASB completed the convergence project on Consolidated Financial Statements. Therefore, U.S. GAAP and IFRS now use a converged standard. In addition, ASPE is also using the same standard. Topics include:

  • The New Consolidation Method Called the Acquisition Method Sale of a Subsidiary
  • Accounting fo Non-Controlling Interests
  • Goodwill Accounting
  • Goodwill Impairment Testing by Reporting Unit
  • Accounting for Contingent Considerations and in-Process R&D
  • Accounting for Transaction Costs in a Business Combination
  • Intangible Asset Accounting
  • The Use of Fair Value in consolidations and intangibles
  • Step Acquisitions
  • Sales of a Subsidiary
  • Numerous cases on all the above topics are solved throughout the day
Best Practices for canadian CPAs -Advantage Montreal Seminars Inc.

Course 2003: Fair Value For Accountants

Fair Value in recent years has been both the basis for many new accounting pronouncements in ASPE, IFRS and U.S. GAAP, as well as the focus of regulators. Commonly used as the measurement basis for a wide range of assets and liabilities, the difficulty in estimating fair value ranges from straight-forward to extremely complex and full of judgment.

  • Fair value measurement
  • Typical Valuation Methodologies
  • Fair Value of Financial Assets
  • Fair Value Hierarchy
  • Using Net Asset Value As a Practical Expedient to Fair Value
  • Fair Value of Nonfinancial Assets
  • Fair Value of Liabilities
  • Financial Statement Presentation
Calgary CPA CA Continuing Profesiona Education

Course 2004: The New Global Revenue Recognition Standard in U.S. GAAP and IFRS

  • The New Requirements Under IFRS and U.S. GAAP for Revenue Recognition
  • Transition Requirements and New Footnotes
  • Effective Date for Public and Private Companies
  • The New 5 Step Approach to Recognizing Revenue
  • Critical Impacts on the Balance Sheet and Income Statement
  • Walk Through Cases in Various Industries to See How Revenue Will be Measured in the New Standard
  • Particular Emphasis in Manufacturing (Pharma, Construction and Aerospace) and Services (Technology, Communications, Media and Retail)
  • 6 Revenue Updates Issued
  • Implementation Plan
U.S. GAAP IFRS Calgary CPE - Advantage Montreal Seminars Inc.

Course 2009: The New Global Lease Standard in U.S. GAAP and IFRS

The new Lease standard was a joint IASB-FASB international convergence project. This standard changes U.S. GAAP and IFRS to both have a new converged lease standard.

  • First Time Adoption Requirements
  • Allocating Considerations to Lease and Non-lease Components
  • Lease Term, Discount Rate
  • Subleases, Lease Modifications
  • Lessee & Lessor Financial Statement Impacts
  • Lessee Accounting for Operating and Finance Leases
  • Sale and Leaseback Accounting Transactions
  • Lessor Accounting for Operating and Finance Leases
  • Walk Through Cases on How Lessees & Lessors Will be Impacted
  • Impairment of Right of Use Assets
  • Effective Date, Transition Approach and Disclosures
SEC PCAOB Course - Advantage Montreal Seminars Inc.

Course 2021: SEC PCAOB Update

This course is for auditors involved in doing audits of public companies. Available as in- house training only. Topics include:

  • Overview - PCAOB Standards
  • Exercising Professional Skepticism
  • Auditing Accounting Estimates
  • SEC Disclosures for New Revenue & Leases Standards
  • Audit Documentation
  • PCAOB Inspections Overview
  • PCAOB Standard-Setting Update
  • Auditing Related Party Transactions
  • Substantive Analytical Procedures
  • Division of Enforcement and Investigations Update