News Release 03/24/15
REGISTRATION IS OPEN FOR APRIL 2 CPE WEBCAST
ON THE 2015 GAAP
Norwalk, CT, March 24, 2015—Registration is open for an upcoming Financial Accounting
Standards Board (FASB) webcast
that looks at the 2015 GAAP Taxonomy.
IN FOCUS: 2015 GAAP Financial Reporting Taxonomy Changes and Beyond,
Taxonomy Implementation Guides, and SEC Update will take place on
Thursday, April 2, 2015, from 1:00 to 2:15 p.m. EDT.
Participants in the
live broadcast (which is offered free of charge to those who register) 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.)
panel features FASB Chief of Taxonomy Development Louis Matherne, FASB Project
Manager-XBRL Donna Johaneman, FASB XBRL Assistant Project Managers David Shaw
and Vickie Lusniak, and Kimberly Earle of the Office of Interactive Data, U.S.
Securities and Exchange Commission (SEC).
Topics of discussion will
An archive of the webcast
will be available on the FASB website through July 1, 2015. (CPE credit will
not be available to those who view only the archived
- Update from the SEC staff on issues in XBRL exhibits
- Overview of changes in the 2015 Taxonomy
- New 2015 Taxonomy Implementation Guides,
including Other Comprehensive Income, Offsetting Assets and Liabilities, and
Repurchase-to-Maturity Transactions and Repurchase Financings
- Taxonomy simplification plans and other enhancements for next
For more information about the webcast, log on to http://www.fasb.org/.
the Financial Accounting Standards Board
Established in 1973,
the FASB is the independent, private-sector 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/.