Specialized Industry GAAP discusses all of the important authoritative pronouncements on GAAP for specialized industries such as banking, cable television, computer software, franchising, insurance, motion picture, record and music, government contracts, oil- and gas-producing, real estate, not-for-profit, finance, and mortgage banking.
The GAAP pronouncements include Financial Accounting Standards Board (FASB) statements, interpretations, technical bulletins, and concepts as well as the unsuperceded GAAP of the American Institute of CPAs (AICPA).
The GAAP pronouncements also include statements of Financial Accounting Standards Board (FASB), referred to as SFAS throughout the course, interpretations, technical bulletins, and statements of financial accounting concepts (SFAC) as well as the unsuperceded GAAP of the American Institute of CPAs (AICPA).Learning Objectives:
After studying this course you will be familiar with:
- Accounting principles
- Financial reporting presentation requirements
- Required and recommended disclosures for such industries as banking, cable television, computer software, franchising, insurance, motion picture, record and music, government contracts, oil- and gas-producing, real estate, not-for-profit, finance, and mortgage banking industries
Upon ordering this course, you will immediately receive instructions how to download the course as an Online pdf document. Included in this email will be log-on instructions for taking the certification exam. You have one year from date of purchase to complete the course.Exam Format
After you have completed reviewing the text material, you may take your exam in our convenient, untimed online format. Tests average 5 questions for each CPE credit offered. For example, a CPE test worth 20 credits would include about 100 questions.
A score of 70% or better is required to pass this course, although there is no limit to the number of times you may take the exam in order to pass.CPE Certification
When you successfully pass the exam, your Certificate of Completion will be displayed on the screen. Print it out on your printer by using the “Print” command in your web browser.
This course is accepted in all but the following states for CPE credit: FL, MN, MS, OR, SC, & TN.
Course level: Basic
Field of Study: Accounting
Prerequisites: NoneAbout The Author
Dr. Jae K. Shim is one of the most prolific accounting and finance experts in the world. He is a professor of accounting and finance at California State University, Long Beach and CEO of Delta Consulting Company, a financial consulting and training firm.
Dr. Shim received his M.B.A. and Ph.D. degrees from the University of California at Berkeley (Haas School of Business). Dr. Shim has been a consultant to commercial and nonprofit organizations for over 30 years.