This course has been designed to assist those who want or need to remain up-to-date on recently issued and effective guidance impacting the accounting and auditing of small privately held businesses.
DESIGNED FOR
This course is for financial statement preparers, CPAs in industry, those practicing in public accounting, auditors, educators, and other interested professionals.
BENEFITS
- Recognize recently issued accounting standards updates from the FASB impacting small privately held businesses.
- Recall recently issued and effective FASB guidance, such as the accounting requirements for common control leasing arrangements, crypto assets, income tax disclosures joint ventures governmental grants, and much more.
- Identify topics on the FASB’s technical agenda.
- Recognize recently issued and effective auditing and attestations standards issued by the AICPA, including sustainability, NOCLAR and the Quality Management Standards.
- Recall frequently identified peer review matters described in the most recent AICPA’s Peer Review Oversight Report.
- Recognize proposed AICPA guidance.
- Identify recently issued and effective SSARSs.
- Recall the unique reporting and disclosure requirements when preparing financial statements using a special purpose framework.
HIGHLIGHTS
- Understand recently issued and effective FASB guidance, such as the accounting requirements for common control leasing arrangements, crypto assets, income tax disclosure joint ventures governmental grants, and much more.
- Hear about topics on the FASB’s technical agenda.
- Learn about recently issued Statements on Auditing Standards (SASs) and Statements on Standards for Accounting and Review Services (SSARSs).
- Understand risk assessment and the quality management standards.
- Learn about common accounting, reporting, and matters identified in the most recent AICPA’s Peer Review Oversight Report.
TAKE THEIR WORD FOR IT…
Past attendees say:PREREQUISITES
Previous experience in accounting and auditing.
ADVANCE PREPARATION
None