FASB, GAAS and PCAOB Developments: Recent Accounting and Auditing Updates
Keeping up with accounting and auditing changes can be a full-time job. Get the latest updates coming from the SEC, FASB, AICPA, PCAOB, and others in this one-day session geared for all staff and management with accounting, auditing, and financial reporting roles. Topics include:
- Accounting Standard Updates (ASUs) issued by FASB over the last year
- The new revenue recognition standard (ASC Topic 606)
- The new lease accounting standard (ASC Topic 842)
- AICPA's Non-GAAP Framework for Financial Reporting
- Latest publications and guidance from the Committee of Sponsoring Organizations of the Treadway Commission (COSO)
- Attestation developments from Statements on Standards for Attestation Engagements (SSAE)
- Generally Accepted Auditing Standards (GAAS) developments from the Auditing Standards Board (ASB), a division of the American Institute of Certified Public Accountants (AICPA)
- Recent developments from The Center for Audit Quality (CAQ)
- Public Company Accounting Oversight Board (PCAOB) new standards, alerts, and guidance
- SEC speeches pertaining to accounting and auditing matters
Session objectives: - Understand accounting risks relative to recent activities and trends
- Understand auditing risks relative to recent activities and trends
- Learn how to best keep within the good graces of regulators
- Explore technical aspects for staying in compliance
This training session is intended to be tailored for a specific organizational type, to address either a private company, public company or non-profit organization environment.
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