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Please note – this course is made up of two separate (2 hour) titles from the AICPA, it has been customized into a 4 hour offering.
This course is designed to provide an overview of recent accounting matters and keep you on top of the latest auditing developments. This includes FASB accounting standards updates on broad and narrow issues, current FASB activities, and private company financial reporting.
It covers relevant pronouncements, exposure drafts, and other guidance recently issued in the
accounting arenas. It covers a full array of topics including the current environment and implications for audit planning, pronouncements, and other standard-setting activities affecting
audit and attestation engagements.
This course will help practitioners at all levels to remain up to date on recent accounting pronouncements, on the standard setters’ activities and provide examples and
illustrations to help apply the guidance in practice and other important accounting
When you complete this course you will be able to:
Identify key points related to recently issued FASB standards and guidance.
Identify key concepts related to exposure drafts and other important projects in accounting matters.
Identify the current environment and implications for audit planning.
Recognize recently issued ASB standards.
Recall recent updates and activities related to Statements on Auditing Standards and recently issued SSAEs.
Recently issued ASUs, including broad and narrow topics
Current FASB exposure draft and projects
Private company financial reporting
Environment and implications affecting audit planning and risk assessment
Key changes in recently issued Statements on Auditing Standards and exposure drafts
Recently issued SSAEs and proposed changes
Other important accounting matters
CPAs in public practice and industry who want to remain up to date on accounting matters and practitioners at all levels in public accounting, business, and industry.
Experience in financial reporting and previous experience in auditing
None
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