Upon completion of this course participants will be able to:

• Describe “hot topics” in accounting and financial reporting, including the impact of COVID-19
• Explain how to manage risk associated with audit and non-audit services
• Discuss practical examples of implementing changing technical, professional and relevant regulatory requirements

• The latest FASB standard-setting activity, including significant projects on the horizon
• The impact of new revenue recognition, financial instruments, and lease accounting rules as it relates to entities, not in specialized industries such as financial institutions and insurance
• Recent revisions to generally accepted auditing standards, including PCAOB audit and reporting requirements
• Frequently asked questions related to SSARSs financial statement preparation, compilation, and review engagements
• When to apply the latest attestation standards contained in SSAEs
• Other matters that should be on your radar, such as the impact of COVID-19

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