This course provides a practical overview of the most important issues facing most companies and their accountants. The focus is on explaining the basis behind major issues and trends in plain language, enabling professionals to understand the most important aspects of relevant standards and why any planned or potential changes are coming down the pike.
Learning Objectives
Review recently issued accounting and non-audit attestation pronouncements, including PCC activities
Understand the latest SSARSs requirements
Be aware of other important guidance affecting small and medium-sized business practitioners
Major Topics
Small and medium-sized business-related ASUs, including recent PCC activities
Revenue recognition and leases update
Considerations for special purpose frameworks — Cash, modified cash, and tax basis
New SSARSs requirements related to preparation of financial statements, compilations, and reviews
Other types of small and medium-sized business attest engagements, such as agreed-upon procedures engagements
Provider
Business Learning Institute
Course Level
Update
CPE Field of Study
Auditing
2
Accounting
2
Who Should Attend
Practitioners at all levels who provide non-audit and non-attest services to small and medium-sized businesses desiring to remain up-to-date on recent pronouncements and other standard setters’ activities and professional guidance
