This course provides a practical overview of the most important issues facing most entities and accountants. The focus is on explaining the basis behind major issues and trends in plain language, enabling professionals to understand the most important aspects of relevant technical and professional standards and why any planned or potential changes are coming down the pike.
Learning Objectives
Upon completion of this course, participants will be able to:
Identify "hot topics" in accounting and financial reporting
Recall "plain language" explanations of current and emerging U.S. GAAP requirements
Recognize how to manage risk associated with audit and nonaudit services and changing professional, technical, regulatory, or ethical requirements
List practical examples of responding to on-going and emerging risks relevant to accounting and finance professionals
