Standard setting is moving at record pace with some big changes coming and continued challenges with past changes plaguing the profession. This seminar will provide a clear understanding of some of the challenges around revenue recognition, including the upcoming proposed changes; income taxes; impairments; debt restructuring; joint ventures and other arrangements; and fair value issues, including those associated with business combinations, derivatives, leases, other comprehensive income and cash flow challenges. Additionally, taken an in-depth look at researching GAAP via the codification.