Get the insights you need from industry leaders to manage and prepare for the changes in accounting standards.

The past year has brought significant accounting change to preparers as they faced several accounting standards updates. So far this year, the Financial Accounting Standards Board (FASB) has issued seven updates to current guidance — after releasing 20 changes in 2016.

In the face of these updates, early adopters of the new revenue recognition standard are reporting results for the first time under the new guidance, while others look to follow closely in their footsteps. And at the same time, preparers are struggling to operationalize and implement the new leases standard. How are you managing and preparing for these changes?

FEI’s two-day conference is designed to help you, the preparer, adopt and operationalize these significant accounting changes efficiently and effectively. You’ll learn directly from industry leaders who’ll share their experiences and offer practical solutions for dealing with accounting change disruption. FASB Chairman Russ Golden and SEC Deputy Chief Accountant Sagar Teotia will keynote the event.

Day 1 | Spotlight: RevRec
Day one of the conference will kick-off with a keynote address from Russ Golden, FASB Chairman on standard setting and what to expect with the Financial Accounting Standard Board’s future agenda. This will be followed by an update on the recently exposed hedging project and on classification and measurement. The remainder of the day will be focused on the most imminent accounting change - revenue recognition, and what you need to do to prepare.

CPE credits: 9 credits in Accounting

Day 2 | Spotlight: Lease Accounting
We begin day 2 with a keynote address from Sagar Teotia, SEC Deputy Chief Accountant, who will offer an SEC perspective on this period of unprecedented accounting change. This will be followed by a session focused on how to overcome the challenges organizations face recruiting, training and staffing their organizations with qualified individuals to deal with accounting change. The remainder of the day will be all about Leases. Attendees will learn about the new rules, discuss how to prepare for adoption, uncover the impact to an organization’s systems, processes and controls and get answers to questions from our panel of industry and subject matter experts.

The remainder of the day will be all about Leases. Are you a Lessee? Lessor? Attendees will learn what the new rules are, discuss how to prepare for adoption, uncover the impact to an organization’s systems, processes and controls and get answers to questions from our panel of industry and subject matter experts.

CPE credits:  7.5 credits in Accounting

_{Financial Executives International (FEI) is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org.}

_{Instructional method: Group-Live
Recommended CPE Credits: Up to 16.5 credits, field of Accounting
Experience Level: Basic
Prerequisites/advance preparation: None}

_{For FEI CPE credits, one credit hour equals 50 minutes according to NASBA guidelines. Some state boards may differ on how minutes constitute a credit hour. Contact your state board for more information. Questions or comments? Contact FEI via email or phone, 973.765.1099.}