REGISTRATION OPENS FOR SEPTEMBER 22 CPE WEBINAR
ON THE PROPOSED 2016 GAAP
TAXONOMY
Participants in Live Webcast Eligible for Up to 1.5 CPE
Credits
Norwalk, CT, August 21, 2015—Registration now is open for an upcoming Financial
Accounting Standards Board (FASB) webinar
that looks at the 2016 GAAP Taxonomy. IN FOCUS: Proposed 2016 GAAP
Financial Reporting Taxonomy Changes, Simplification, Filer Counts, and Context
Sensitive Guidance will take place on Tuesday, September 22, 2015,
from 1:00 to 2:15 p.m. EDT. Participants in the live broadcast (which is offered
free of charge to those who preregister) will be eligible for up to 1.5 hours of
Continuing Professional Education (CPE) credit. (Please note that CPE credit is
not available for group viewing of the live broadcast.)
The webinar will feature FASB Chief of Taxonomy Development Louis Matherne, FASB
Supervising Project Manager-XBRL Donna Johaneman, FASB XBRL Project Manager
David Shaw, FASB XBRL Assistant Project Manager Vickie Lusniak, and Kimberly
Earle of the Office of Interactive Data, U.S. Securities and Exchange Commission
(SEC).
Panelists will discuss the forthcoming proposed changes to the
2016 GAAP Financial Reporting Taxonomy Release, which is expected to be
available on the FASB website on August 31, 2015. The discussion will include
an overview of changes that were made to simplify the Taxonomy, such as new
features including contextually sensitive implementation guidance and filer
counts of elements used. There also will be expanded coverage of the FASB’s
growing series of Taxonomy Implementation Guides and coverage of changes to the
Taxonomy for Accounting Standards Updates (ASUs). In addition, SEC staff will
discuss current XBRL filing issues.
An archive of the webcast
will be available on the FASB website through December 21, 2015. (CPE credit
will not be available to those who view only the archived
webinar.)
For more information about the webcast, log on to http://www.fasb.org/.
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 http://www.fasb.org/.