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).
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
Self-Study - practitioners will receive a Printed Workbook upon purchasing this course.
After you have completed reviewing the text material, you have the option of faxing or mailing your exam. Or, you may take your exam in our convenient, untimed online format at no additional cost. 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. You have one year from date of purchase to complete the course.
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, MT, OR, SC, &TN.
Course Level: Basic
Field of Study: Accounting
About 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.
Dr. Shim has over 50 college and professional books to his credit, including 2003 US Master Finance Guide, Barron's Accounting Handbook, Barron's Dictionary of Accounting Terms, GAAP 2003, Dictionary of Personal Finance, Investment Sourcebook, Dictionary of Real Estate, Dictionary of Economics, Dictionary of International Investment Terms, Encyclopedic Dictionary of Accounting and Finance, Corporate Controller's Handbook of Financial Management, The Vest-Pocket CPA, The Vest-Pocket CFO, and the best-selling Vest-Pocket MBA. Seventeen of his publications have been translated into foreign languages such as Spanish, Chinese, Russian, Italian, Japanese, and Korean. Professor Shim's books have been published by Prentice-Hall, McGraw-Hill, Barron's, Commercial Clearing House (CCH), Southwestern, John Wiley, American Management Association (Amacom), and the American Institute of CPAs (AICPA).
Dr. Shim has been frequently quoted by such media as the Los Angeles Times, Orange County Register, Business Start-ups, Personal Finance, and Money Radio . Dr. Shim has also published numerous articles in professional and academic journals. He was the recipient of the Credit Research Foundation Award for his article on cash flow forecasting and financial modeling.