US GAAP Update Course | 2026 Edition | 2-Day Course | Zurich | GID 2010

Instructor Bio

The course instructor will be one of our highly experienced faculty members.
 

Our Faculty: Expertise That Drivees Success

Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.

This 2-day US GAAP Update Programme is delivered by one of Shasat’s leading US GAAP experts, a globally experienced advisor who has supported banks, corporates, insurers, and investment institutions in applying and interpreting the full spectrum of US GAAP standards. With a career spanning complex transactions, first-time adoption, engagement with external auditors on challenging accounting matters, policy transformation, and financial-reporting redesign, the instructor brings deep technical expertise across ASC 606, ASC 842, ASC 326, ASC 820, ASC 740, ASC 805, ASC 810, ASC 830, ASC 280, ASC 718, ASC 350/360, and other core standards. Known for delivering technically precise and practical guidance, they connect SEC and PCAOB expectations, governance considerations, and cross-standard interactions into a clear, real-world framework—equipping participants with the insight, confidence, and capability to apply US GAAP effectively across complex and high-stakes business environments.

Our faculty combine real-world expertise with academic rigor, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.

Our Partners

Our Partners in Learning

Course Description

Please find the agenda for the 2-Day U.S. GAAP & FASB Update Programme below. Please note that Shasat continually updates its course agendas to reflect the latest standards, technical developments, regulatory priorities, and emerging industry issues. In addition, we refine the content based on participant feedback and specific requests to ensure the programme remains timely, relevant, and highly practical.

• The Evolving U.S. Financial Reporting Environment

  • Strategic overview of U.S. GAAP and the standard-setting ecosystem

  • Key developments from FASB, EITF, SEC, and PCAOB

  • Emerging themes influencing recognition, measurement, and disclosure across industries

• Major Standards and High-Impact Amendments

  • Significant ASUs and amendments affecting financial reporting

  • Cross-cutting issues related to estimates, judgement, and internal controls

  • Industry-specific implications and evolving best practices

• SEC Reporting Developments and Regulatory Focus

  • SEC comment-letter trends, enforcement themes, and disclosure hot spots

  • Key matters on the SEC’s forward agenda and issues in the pipeline

  • Expectations around MD&A, risk factors, interim reporting, and transparency

• Financial Instruments, Credit Losses & Risk Management

  • Developments relating to classification, measurement, and fair value

  • Updates in the CECL framework and evolving modelling expectations

  • Derivatives, hedging, and risk-management reporting refinements

• Business Combinations, Consolidation & Investment Reporting

  • Updates affecting acquisition accounting, goodwill, and intangible assets

  • Developments in consolidation assessments, VIEs, and joint arrangements

  • Best practices for impairment testing and valuation considerations

• Leases, Long-Lived Assets & Complex Transactions

  • Key updates in lease accounting and long-duration asset reporting

  • Impairment indicators, AROs, restructuring impacts, and significant transactions

  • Practical insights, industry issues, and application challenges

• Digital Assets, Technology & Emerging Accounting Issues

  • Developments in digital asset and cryptocurrency accounting

  • Software development, cloud arrangements, and technology-driven transactions

  • Trends in automation, data governance, and financial reporting systems

• Presentation, Disclosure & Corporate Reporting Enhancements

  • Improving financial statement presentation and disclosure effectiveness

  • PCAOB focus areas and their implications for preparers

  • Best practices for drafting high-quality disclosures

• FASB Discussion Papers, Exposure Drafts & Research Projects

  • Analysis of FASB’s exposure drafts, discussion papers, and EITF updates

  • Key projects under deliberation on the FASB’s technical and research agendas

  • Potential conceptual framework developments shaping future US GAAP

• Forward Outlook: What to Expect in the Next 12–24 Months

  • Anticipated changes in U.S. GAAP and their impact on future reporting cycles

  • Industry-specific emerging issues and global influences

  • Preparing your organisation for future reporting, governance, and compliance demands

The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of registered participants of this programme. Any reproduction, distribution, disclosure, or other unauthorised use of this agenda—whether in whole or in part—without the prior written consent of Shasat is strictly prohibited and may result in legal action.

All rights reserved. © 2026 Shasat.

Why you must attend?

Welcome to our comprehensive 2-Day U.S. GAAP & FASB Update Programme. This course provides a clear and timely update on the most significant developments in U.S. GAAP, including newly issued Accounting Standards Updates (ASUs), key SEC comment-letter themes, FASB discussion papers, exposure drafts, and EITF developments that may affect your current reporting practices. You will gain insight into important changes impacting upcoming annual and interim reports, as well as revisions that require updates to accounting policies, systems, and disclosures.

In addition, the programme highlights major topics currently under discussion at the FASB, active research projects, agenda priorities, and issues raised by industry bodies. You will also explore key differences between U.S. GAAP and IFRS, understand evolving disclosure expectations, and review emerging regulatory trends that shape high-quality financial reporting. Throughout the course, practical examples and focused case studies help you interpret and apply the latest guidance with confidence.

By the end of this U.S. GAAP & FASB Update Programme, you will have a complete understanding of the most recent standards, amendments, and technical developments. You will be equipped to apply these changes to your reporting processes, enhance compliance, and provide accurate, decision-useful information to your stakeholders.

Teaching Methodology

• Comprehensive coverage of U.S. GAAP principles and application: Participants gain a clear understanding of core U.S. GAAP concepts, their practical implications, and how to apply them in financial reporting and disclosures.
• Focused exploration of major accounting topics: The programme addresses key areas such as revenue recognition, inventories, business combinations, leases, intangible assets, financial instruments, and non-financial liabilities and contingencies.
• Real-world case studies and practical examples: Structured examples illustrate how U.S. GAAP principles are applied in practice, helping participants strengthen judgement and address common reporting challenges.
• Interactive and engaging learning approach: Group discussions, exercises, and problem-solving activities reinforce technical concepts and enhance participants’ ability to interpret and implement U.S. GAAP requirements.
• Access to U.S. GAAP Codification and technical resources: Participants receive reference materials, including codification extracts and technical updates, to support ongoing learning and help them stay current with new standards and amendments.
• Expert-led instruction with industry insight: The course is delivered by experienced practitioners who provide best practices, regulatory perspectives, and insights drawn from real reporting situations.
• Certificate of completion: Participants receive a certificate recognising their successful completion of the U.S. GAAP Update Programme, supporting professional development and compliance requirements.

Who Should attend?

The U.S. GAAP Update Course is designed for professionals in accounting, finance, and business who need to strengthen their knowledge of U.S. GAAP and stay current with the latest developments. It is ideal for financial executives, controllers, accounting professionals, auditors, finance managers, and reporting specialists responsible for preparing, reviewing, auditing, or interpreting financial statements under U.S. GAAP.

In addition, the programme is well suited for professionals supporting regulatory reporting, compliance, risk management, and corporate governance functions. It is also valuable for individuals who want to stay up to date with new standards, amendments, exposure drafts, and emerging technical issues issued by the FASB, EITF, and SEC.

The course provides a comprehensive update on U.S. GAAP requirements, supported by practical examples and case studies, enabling participants to apply the latest guidance confidently in real-world reporting scenarios.

Feedback

Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.

Venue & other info

Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us.  One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.

Please note that accommodation arrangements are the responsibility of the attendee.

Workshop Delivery (Online Programs)

The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
 

In-Person Workshop

Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
 

Changes to the conference

Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
 

Sponsorship

We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
 

Terms and Conditions

We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.

About Shasat

Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.

Payment

Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.

We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.

Group discount

Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.

CPD hours

Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.

Enquiries

For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.

In-House Training

Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.