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Resources for Accountants

Ethics Technical Correction: 529 Plans [Video]

Ethics Technical Correction: 529 Plans

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The initial guidance for 529 plans was issued back in 2005. Since then, there have been significant changes to how plans are run. The AICPA’s Professional Ethics Executive Committee had received feedback and in the Work Plan looked at reevaluating the area. In September 2022, they issued a technical correction (https://us.aicpa.org/content/dam/aicpa/interestareas/professionalethics/community/exposuredrafts/downloadabledocuments/2022/section529technicalcorrection.pdf) to make the safeguard easier to apply for holders of 529 plan investments.

Do you think the technical correction goes far enough with respect to the changes to the safeguard?

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Resources for Accountants

How to Start and Fund Your Own Business [Video]

Embarking on the journey of starting and funding your own business is akin to setting sail on uncharted waters. It's a thrilling yet daunting endeavor that demands a blend of creativity, strategy, and financial acumen. In today's dynamic business landscape, where innovation and disruption reign supreme, the allure of entrepreneurship beckons individuals eager to carve their own path and leave a mark on the world. However, navigating the complexities of business ownership requires careful planning, unwavering commitment, and access to adequate funding. This guide aims to illuminate the path ahead, offering a roadmap for aspiring entrepreneurs to transform their vision into a tangible business reality.

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Resources for Accountants

What are the different types of Hedge Accounting models? [Video]

Bob will help you "close the GAAP" on what the different types of hedge accounting models are and when to use them. Check out his quick video explanation here! If you are interested in learning more, explore our eLearning courses on our GAAP Dynamics Learning Library: ASC 815: Hedge Accounting (Course Collection): https://www.gaapdynamics.com/product/asc-815-hedge-accounting/ Financial Instruments: Hedge Accounting Under IFRS 9: https://www.gaapdynamics.com/product/financial-instruments-hedge-accounting-under-ifrs-9/#collection-cards

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Resources for Accountants

Application of ASC 805 [Video]

This is the introductory video for the third course of the three-part Business Combinations eLearning series. Now that you are familiar with the basic accounting rules and certain ASC 805 advanced issues, this course will apply that knowledge by walking through an example acquisition and requiring you to identify the proper accounting treatment. Take the course: https://www.gaapdynamics.com/product/business-combinations-application-of-asc-805/ Buy all three courses and save! https://www.gaapdynamics.com/product/asc-805-business-combinations/ Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like these!

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Resources for Accountants

Advanced Issues and Disclosures [Video]

This is the introductory video to our self-study eLearning course "Business Combinations: Advanced Issues and Disclosures." Check it out here: https://www.gaapdynamics.com/product/business-combinations-advanced-issues-and-disclosures/ This is the second course of the three-part Business Combinations eLearning series. Now that you are familiar with the basic accounting rules, this course dives deeper into more advanced business combination issues such as exceptions to general guidelines, noncontrolling interests, and measurement period adjustments. Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online courses on the GAAP Dynamics Learning Library: https://www.gaapdynamics.com/individual-learning/ Subscribe to GAAP Dynamics to see more videos like these!