Accounting & Auditing Current Developments


Get a fast-paced, broad-based overview of the profession today and the major issues and challenges the profession faces. New developments in the area of accounting and auditing will be highlighted with updated coverage on the most recently issued official pronouncements. The course will highlight issues faced by private companies and the CPAs who provide a range of services to them.


COVID 19 ASSUMPTION OF RISK, WAIVER AND RELEASE (for In Person events) – please read this waiver before completing  your registration.  Before your registration can be completed you will be asked to acknowledge that you have read and accept the terms of this waiver.

Learning Objectives
  • Prepare to implement the revenue recognition standard and understand how it may change recognition, documentation and disclosure for your company or clients
  • Obtain and utilize a progress report on standards affecting revenue recognition, leases, and financial instruments
  • Understand the accountants compliance and reporting responsibilities for data breaches
  • Understand the impact of Peer Review program changes on your practice
  • Receive an implementation update on SSARS 21, and the preparation of (plain paper) engagements
  • Recognize recent FASB standards and how they will affect your company or clients.
  • Identify current and proposed standards involving EITF, FASB, PCAOB, ASB, and IASB.
  • Understand how data analytics will transform the accounting profession.
Major Topics
  • Economics, business and reporting risk in today’s economy
  • Implementing the revenue recognition standard
  • Cybersecurity: compliance and reporting issues
  • Recent accounting standards, cash flow, not for profits and financial instruments.
  • Financial reporting consequences of the Tax Cuts and Jobs Act.
  • Recent FASB pronouncements
  • FASB’s simplification projects
  • SSARS Update: 21: Preparation, compilation and review update
  • ASB standards
  • The impact of deregulation on compliance & reporting
Ray Thompson
Course Level
Professional Area of Focus
Accounting and Auditing
CPE Field of Study
Who Should Attend

Accountants in public practice and industry who need a comprehensive review of recent accounting and auditing pronouncements and other developments which will affect them in the coming year

Ray Thompson


Advanced Preparation


MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
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Event Information
Dec 17, 2021
8:00 am - 4:00 pm EDT
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
Total CPE Credits
In-Person + Live Stream


$ (% off)


$ (% off)
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Accounting & Auditing Current Developments

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