Specifically tailored for practitioners who not only perform audits but provide other attest and non-attest services to small and medium-sized businesses, this course is a comprehensive update covering recently issued accounting, auditing, and SSARS standards, as well as other professional guidance impacting small and medium-sized business accountants. The course uses practical examples and illustrations to help you understand and apply the new guidance.
Through a detailed review of the new lease accounting guidance, common special purpose frameworks, new guidance related to audits and SSARS engagements, and the soon-to-be-effected credit loss standard, this course will get you up to speed on the things that are most important to your smaller and medium-sized clients.
This course features a live instructor and has been specifically designed for the NJCPA.
DESIGNED FOR
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
BENEFITS
- Keep abreast of current private company standard setting activities of the PCC
- Review recently issued accounting and non-audit attestation pronouncements and hot topics
- Identify key accounting implications related to new ASUs and ASC Topics 842 and 326
- Understand new guidance applicable to auditing, SSARS and attest engagements
- Be aware of other important guidance affecting small and medium-sized business practitioners
HIGHLIGHTS
- Private company standard setting activities
- Small and medium-sized business-related ASUs
- Lease accounting update
- Special purpose frameworks - Cash, modified cash, and tax basis
- Common small and medium-sized business financial statement errors and deficiencies
- Newly issued SSARS and SSAE standards
- SASs effective for year-end audits
TAKE THEIR WORD FOR IT…
Past attendees say:PREREQUISITES
Experience in accounting and auditing
ADVANCE PREPARATION
None