Accounting and Financial Reporting in Today's Economy
Author: Lynn Fountain
| CPE Credit: |
2 hours for CPAs |
This update provides an overview of the most significant pronouncements, standards and advisories that have resulted from actions of regulatory bodies. We focus on the most significant issues that have impacted the economy within the past year and potential future implications as well as trending areas important to the accounting profession.
Publication Date: March 2025
Designed For
Controllers, Accountants, Auditors, Finance and Operational Professionals Professionals
Topics Covered
- Economic Overview
- AICPA Q4 2024 Business and Industry Economic Survey
- Review key accounting impacts
- FASB update
- SEC Rules update
Learning Objectives
- Explain the status of the economy as of early 2025 and expectations for business impacts
- Identify the impact of recent political issues
- Identify the AICPA outlook
- Identify FASB updates and changes
- Identify SEC updates and changes
- Identify PCAOB changes and updates
- Identify Private Company Council Updates
- Identify Institute of Internal Auditors updates
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Accounting (2 hours)
Program Prerequisites
Basic understanding for Financial Reporting
Advance Preparation
None
