The Financial Accounting Standards Board has begun a new educational webcast series that will provide continuing professional education credit to those who participate in the live broadcasts

Webcasts in FASB’s new In Focus: Webcast series will focus on financial accounting and reporting developments of importance to FASB’s stakeholders. Topics will include recently issued final standards, exposure drafts of proposed standards and changes to the U.S. GAAP financial reporting taxonomy.

“In recent years, the FASB has been using webcast technology to inform stakeholders about important financial reporting changes and other developments,” said FASB chair Leslie F. Seidman in a statement. “We hope that by offering continuing education credit through the In Focus: Webcast series, we will encourage a broader group of stakeholders to stay current and share their views on our standard-setting activities.”

The first webcast in the new series will focus on issues important to nonpublic entities and will be held on Friday, June 17, 2011. That will be followed by a webcast focused on the US GAAP financial reporting taxonomy on Wednesday, June 22, 2011. The June 17 and 22 webcasts will be provided free of charge. More details about these programs, including registration information, will be announced shortly.

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