Overview
Keep abreast of the fast-paced changes in accounting and auditing. Explore relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting, auditing, review, compilation and preparation engagement arenas. Sort through the complexities and identify and apply recently issued FASB, PCAOB, ARSC and ASB standards and guidance.
Objectives
• Identify key points related to recently issued FASB standards and guidance.
• Recognize the effect of recently issued auditing standards, attestation standards, and standards on accounting and review services.
• Identify key concepts related to exposure drafts and other projects in accounting, auditing, compilation, preparation, and review services.
Major Topics
• Recently issued ASUs
• Current FASB exposure draft and projects
• Audit and attest engagements update
• Recent PCAOB guidance
• Latest activity from ARSC
Prerequisite
Previous experience in accounting and auditing
