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Advocacy Corner - FASB Webcast - 2013 US GAAP Taxonomy Overview - April 2, 2013

By Linda Devonish Mills posted Mar 22, 2013 2:34 PM

  

IN FOCUS: 2013 US GAAP Taxonomy Overview with Expanded Coverage of FASB XBRL Implementation Guides and SEC Update

Date: Tuesday, April 2, 2013

Time: 1:00–2:30 p.m. Eastern Daylight Time

Program Description—The Financial Accounting Standards Board (FASB) is pleased to announce an upcoming webcast that provides an overview of changes in the 2013 US GAAP Financial Reporting Taxonomy with expanded coverage of the FASB’s new series of XBRL Implementation Guides.  In addition, the SEC staff will discuss current XBRL filing issues.

Learning Objectives—Through this session, participants will gain a better understanding of the changes in the 2013 US GAAP Financial Reporting Taxonomy, how to use the Implementation Guides, insight into current SEC XBRL filing issues, and gain a better appreciation for using XBRL data.  The areas covered will include:

  • XBRL Issues Update from Securities and Exchange Commission
  • Overview of major changes to the 2013 Taxonomy
    • Accounting Standards Updates
    • Updated modeling to improve coverage, usability, and consistent application
  • New Implementation Guides for using the 2013 Taxonomy:
    • Segments
    • Other Comprehensive Income
    • Subsequent Event Disclosures
    • Insurance
  • ASU Taxonomy Exposure Drafts
  • XBRL Data in Use Illustration

Registration: To register for this event please used this link.

Speakers: Louis Matherne, FASB Chief of Taxonomy Development; Donna Johaneman, FASB Project Manager-XBRL; David Shaw, FASB XBRL Assistant Project Manager; Vickie Lusniak, FASB XBRL Assistant Project Manager; and Kimberly Earle, Office of Interactive Data, U.S. Securities and Exchange Commission.

Participants will have the opportunity to email questions to the panelists before and during the event.

Delivery Method:  Group-internet based

Program Level: Overview

Program Prerequisites: None

Advanced Preparation Suggested: Participants are encouraged to review the 2013 US GAAP Financial Reporting Taxonomy.  They are also encouraged to review the XBRL Implementation Guides, and other supporting materials listed on the FASB XBRL page at www.fasb.org.

Recommended CPE and Field of Study: 1.5 hours; Specialized Knowledge and Applications; final CPE earned will be determined based on the length of participation in the program, polling questions as described in CPE Eligibility, and completion of a course survey.  Credit is provided only to participants in the live broadcast of this course.

Refund/Cancellation Policy:  There is no cost for this course and there is no cancellation penalty.  Participants will be notified by email as soon as possible if the course is cancelled for any reason.

Complaint Policy: To register complaints about course content or delivery method and to inquire about the timeliness and accuracy of CPE credit posting for this event, contact CPEDirector@fasb.org.

Official National Registry of CPE Sponsors' Statement

The Financial Accounting Foundation/FASB/GASB 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

NASBA National Registry of CPE Sponsors—Sponsor License Number 107522

Texas Sponsor Number 000016

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