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.
• The latest FASB standard-setting activity, including significant projects on the horizon
• Understanding the impact of current period changing accounting standards
• How to appropriately address on-going or emerging accounting and reporting issues due to the current environment
• Nonpublic entity alternatives within U.S. GAAP important to the current environment
• Recent quality improvements to the SASs and SSARs
• When to apply the latest attestation standards contained in SSAEs
• Current fraud trends in today’s business environment, including cybersecurity risks
• Other matters that should be on your radar, such as ethics interpretations and quality management trends
Public and industry accountants at all levels interested in remaining current on professional, technical and relevant regulatory requirements
Basic knowledge of SASs and SSARSs
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