Download or read book Top Accounting Issues for 2008 CPE Course written by Colleen Neuharth McClain and published by CCH. This book was released on 2007 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The accounting standards are always changing. Never has this observation more true than now. High profile accounting scandals have resulted in a slew of new standards and projects designed to repair damage and improve financial reporting. CCH's Top Accounting Issues for 2008 Course helps CPAs stay abreast of the most significant new standards and important projects. It does so by identifying the events of the past year that have developed into hot issues and reviewing the opportunities and pitfalls presented by the changes. The topics reviewed were selected because of their impact on financial reporting and because of the role they play in understanding the accounting landscape in the year ahead. The topics examined in Top Accounting Issues for 2008 include: -- Accounting for Sabbatical Leave and Other Similar Benefits -- Accounting for Certain Hybrid Financial Instruments and Financial Assets -- Accounting for Uncertainty in Income Tax Changes -- Derivatives and Hedge