Stay current on recent changes in accounting and auditing. Review Financial Accounting Standards Board (FASB), U.S. Securities and Exchange Commission (SEC), Private Company Council (PCC), Public Company Accounting Oversight Board (PCAOB) and American Institute of Certified Public Accountants (AICPA) standard-setting activity in the current year. Implementation dates will be provided so you can plan for changes, and the course will highlight the changes that will be implemented in the current year. Also, we'll discuss the difference between public and private company requirements.
Learning Objectives
• Identify hot topics in accounting and auditing
• Outline the FASB Technical Agenda and upcoming changes
• Recognize changes in ASUs, new requirements and implementation dates
• Identify new disclosure requirements
• Identify PCC alternatives and technical agenda
• Recognize recent changes to AICPA auditing, compilation and review standards
• Recognize how the PCAOB is influencing industry activity
Major Topics
• FASB Technical Agenda and upcoming changes
• ASUs
• Implementation dates and methods
• Audit quality initiatives
• Changes to AICPA auditing standards; and PCAOB standards
