Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards issued over the past few years. The course also provides many hands-on examples and illustrations to help apply the guidance in practice and discusses other important A&A practice matters to be aware of, including an update on peer review and audit quality.
DESIGNED FOR
Accounting and attestation practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities
BENEFITS
- Recall and apply recently issued and proposed FASB and AICPA pronouncements
- Recall and apply guidance from ASC Topic 842, Leases
- Understand SAS Nos. 142 and 145
- Identify other important A&A practice matters to be aware of
- Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material
HIGHLIGHTS
- Recently issued but newly implemented Accounting Standards Updates (ASUs), the PCC Update, and items on the FASB’s Technical Agenda
- New ASUs covering common control leases, crypto assets (e.g., cryptocurrency), and income tax disclosures
- Leases – Topic 842
- Recently issued SASs and other AICPA activity through SAS No. 149
- Detailed review of SAS No. 145
- Other important A&A practice matters
PREREQUISITES
None
ADVANCE PREPARATION
None