United States

Applying the New Definition of a Business

Wednesday January 25, 2017 12:00 PM - 1:00 PM EST
From Financial Reporting Network

KPMG Financial Reporting Network

Event Overview

The FASB recently issued an Accounting Standards Update that clarifies the definition of a business. This Webcast will feature professionals from KPMG's Department of Professional Practice and address applying the new framework for determining whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses that may affect a company's accounting and financial reporting in the current period if early adoption is elected.

This Webcast will include highlights of the new standard and provide examples applying the new definition.

David Elsbree, Jr.

Partner, Department of Professional Practice, KPMG LLP

Nick Burgmeier

Partner, Department of Professional Practice, KPMG LLP

Sam Hall

Senior Manager, Department of Professional Practice, KPMG LLP

CFO Financial Forum

  • View the infographic to learn how participants replied to our webcast polling questions