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Event Description

This course will look at the recent activities of FASB as well as the Auditing Standards Board and Accounting & Review Services Committee of the AICPA. We’ll look at the impact of the new standards and how you can prepare to implement them in a practical way. We’ll discuss the Audit Quality Initiative of the AICPA and take a look at some common audit issues.

Key focus areas include:

  • Recent accounting standard updates (ASUs)
  • Revenue recognition
  • Leases
  • Financial instruments
  • SAS 133
  • SSARS 24
  • AICPA Auditor’s Report
  • Enhancing audit quality initiative