This update will cover newly announced FASB Accounting Standards Update (ASU) 2023-07, 2023-08, 2024-01 and 2024-02; accounting treatment for pass-through entity taxes (PTET); and details about utilizing audit data analytical procedures.
DESIGNED FOR
All accounting and auditing professionals
BENEFITS
Gain an understanding of new accounting and auditing guidance, how companies should be accounting for PTET under GAAP, and considerations for burgeoning audit techniques.
HIGHLIGHTS
This session will cover:
- ASU 2023-07, Improvements to Reportable Segment Disclosures
- ASU 2023-08, Accounting for and Disclosure of Crypto Assets
- ASU 2024-01, Scope Application of Profits Interest and Similar Awards
- ASU 2024-02, Codification Improvements – Amendments to Remove References to the Concepts Statements
- Accounting treatment for PTETs
- Utilization of audit data analytics
COURSE LEVEL
Basic