Gross Mendelson – A&A Update: Highlights of the Latest Accounting and Auditing Issues
Major Topics
When and why you should implement the private company GAAP alternatives
The latest FASB standard-setting activity, including significant projects on the horizon
Preparing for implementing the new revenue recognition model
Understanding impact of changing lease accounting
The impact of new financial instruments accounting rules as it relates to entities not in specialized industries such as financial institutions and insurance
Frequently asked questions related to SSARS 21 financial statement preparation, compilation and review engagements
When to apply the latest attestation standards contained in SSAE No. 18
Mitigating risk associated with nonattestation services, including responding to requests for third party verification (comfort letters)
Recent revisions to generally accepted auditing standards, including PCAOB audit and reporting requirements
Highlights of COSO’s internal control and enterprise-wide risk management guidance
Current fraud trends in today’s business environment
