The AICPA has posted questions and answers issued since the past year. The questions and answers in this course are not sources of established authoritative principles. This material is based on selected practice matters identified by the staff of the AICPA's Technical Hotline and various other bodies within the AICPA and has not been approved, disapproved, or otherwise acted upon by any senior committee of the AICPA. The selected questions and answers are from common issues that professionals encounter in their work.
Publication Date: June 2023
Designed For
Attendees should include professionals in public accounting, in business, and others that would like to have some of the latest questions answered by the staff of the AICPA and then discussed in this session.
Topics Covered
- Issues with Ethics
- Implications of new SASs and SSAEs for audit and attestation engagements
- Issues with classifications
- Issues with statement titles
- Issues with documentation
- Other matters deemed timely and appropriate
Learning Objectives
- Recognize certain issues with financial statement preparation
- Identify and implement correct procedures for unusual issues
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)
Program Prerequisites
None
Advance Preparation
None
Instructor
Pat Patterson
Cecil Patterson, (Pat), CPA, MBA, is an award-winning, nationally recognized author, speaker, and discussion leader for continuing education courses and numerous state societies. He has experience at the local and national CPA-firm level and as an adjunct university professor.
Pat holds an MBA from the University of North Florida and is a CPA and owner of the firm of Cecil Patterson, CPA. His firm provides, accounting, tax preparation and tax planning services, wealth management services, and consulting for businesses and other professional firms.
Pat has served on the AICPA Council, the FICPA Council, and the FICPA Educational Foundation Board of Trustees.