Vermont Society of Certified Public Accountants
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Surgent's Accounting and Auditing Update (Audit Skills Training - Level 6)(A6M4)

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Developer:
SURGENT MCCOY SELF-STUDY CPE, LLC
Level:
Update
Both public and private CPAs must be up-to-date on changes to various potentially relevant standards, including: U.S. GAAP, audits of nonissuers, compilations and reviews. This module provides recent and proposed changes to relevant professional and regulatory standards.

Objective

  • Discuss changes to U.S. GAAP, including changes specific to nonpublic business entities
  • Describe the most important considerations for implementing new U.S. GAAP
  • Explain changes to Statements on Auditing Standards (SASs) and other relevant attest-related activity

Highlights

  • U.S. GAAP modifications specific to nonpublic business entities
  • FASB Accounting Standards Updates with open effective dates, including revenue recognition and leases
  • Recently issued Clarified Auditing Standards
  • Other relevant matters

Designed For

Accountants with responsibilities requiring knowledge of changing accounting and auditing standards

Prerequisite

Experience on complex audit engagements

Advanced Preparation

None
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