2026 GAAP, GAAS, & SSARS Update

This online update course provides accounting and auditing professionals with a concise yet practical review of the most significant GAAP, GAAS, SSARS, and SSAE developments impacting engagements in 2026 and beyond. Designed as a comprehensive annual update, the program focuses on standards and interpretations that routinely create challenges in practice, with clear explanations of how new and recently issued guidance affects reporting, disclosures, and engagement performance.

Participants will examine key FASB Accounting Standards Updates (ASUs), AICPA auditing and accounting standards, and attestation guidance, including changes affecting engagement letters, reporting formats, quality management requirements, and professional responsibilities. The course also addresses ethics updates under the AICPA Code of Professional Conduct, including NOCLAR considerations. By connecting technical standards to real‑world application, this course helps practitioners stay compliant, reduce engagement risk, and confidently apply current professional requirements while meeting annual CPE obligations.

Who Should Attend
This course is designed for accounting and auditing professionals who need a timely, practical update on current professional standards and their application in practice.

Topics Covered

• Selected FASB Accounting Standards Updates (ASUs) effective in 2026 and future periods
• Recent AICPA auditing standards (SASs), accounting standards, and attestation updates
• Changes affecting auditor responsibilities and reporting under recently issued standards
• Professional ethics updates, including NOCLAR interpretations and responsibilities
• Quality Management standards and practical implementation considerations
• Emerging standard‑setting trends from the AICPA, FASB, and IASB

Learning Objectives

• Recognize newly issued and recently effective GAAP, GAAS, SSARS, and SSAE pronouncements impacting accounting, auditing, and attestation engagements
• Identify key FASB Accounting Standards Updates affecting recognition, measurement, presentation, and disclosure requirements
• Differentiate recent changes issued by the AICPA, ASB, and ARSC and determine their impact on audits, reviews, compilations, and attestation engagements
• Apply updated requirements related to engagement letters, reporting formats, and quality management standards
• Identify unconditional and presumptively mandatory requirements within GAAS, SSARS, and SSAEs to ensure compliance with professional standards

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)

Program Prerequisites
Basic understanding of GAAP, GAAS, and SSARS

Advance Preparation
None