Objective
Participants will be able to apply the changes and discuss the issues surrounding recently issued accounting, auditing, preparation, compilation and review pronouncements, and relevant proposals.Highlights
This program focuses on all things the accounting professional should be aware of including:
- Accounting standard updates
- FASB projects
- Private company issues
- Audit service issues
- ARSC initiatives, preparation, compilation and review updates and initiatives
- AICPA activities and profession update
Section on auditing standards qualifies for the 24-hour Yellow Book requirement. Section on specific accounting standards qualifies for the 24-hour Yellow Book requirement if an auditor has FASB Yellow Book clients. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor's Yellow Book clients. Note that the determination of course qualification is a matter of an auditor's professional judgment in consultation with appropriate individuals in the audit firm. The 24-hours are a subset of the 80-hour requirement.
Designed For
All firms, all staff, all CPAs; all accountants needing a good year-round update on recently issued standards.
Prerequisite
Basic audit and accounting course or experience.