Accounting and Auditing Update (Full-Day Program) (Completed)

This full-day CPE webinar will provide an overview of recent developments for accounting and auditing engagements. Experienced instructor Pat Patterson will explain the latest accounting and auditing standards from FASB, ASB, AICPA and others. With this full-day program, you'll have a thorough understanding of the most recent changes for those in public practice as well as those in industry who need to understand how these standards will affect their companies.

Who Should Attend
Professionals in public practice, industry, government, and education who deal with nonpublic entities and wish to stay current on professional accounting and auditing standards.

Topics Covered

• New releases from the FASB
• New releases from the Private Companies Council (PCC)
• An advanced look at disclosure and documentation standards will be made for changes required by new FASB and PCC standards
• Further updates that impact on the accounting professional standards
• New releases from the Auditing Standards Board
• New releases from the AICPA regarding private company audits
• An advanced look at disclosure and documentation standards will be made for changes required by new ASB standards
• Further updates that impact on the auditing professional standards including new Quality
• Control Standards and their requirements
• Ethics Interpretation 101-3 will be explored for revisions and updates in attest/nonattest applications as released or considered by the Professional Ethics Executive Committee
• Any other matters deemed appropriate and timely

Learning Objectives

• Understand latest developments from FASB
• Understand latest Auditing Standards Board developments
• Explain latest AICPA developments for A&A
• Apply current standards on upcoming engagements

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (4 hours), Auditing (4 hours)

Program Prerequisites
Basic understanding of accounting and auditing concepts

Advance Preparation
None