Annual Accounting, Reporting and Auditing Update
Thursday, November 21, 2024
9:00am - 4:30pm (opens at 8:30am) EST
8Credits
Accounting and Auditing
Registration is Open
Members
$275.00 Regular Price
Non-Members
$400.00 Regular Price
Course Type: CPE Seminars
Course Code: 24/AARA11WS
Level: Basic
Vendor: Florida Institute of CPAs
Field of Study: Auditing, Accounting
Overview:
The skills and competencies required of CPAs today and into the future are constantly changing and the body of knowledge that new CPAs need to master has grown immensely.Entry-level CPAs are handling tasks that require more critical thinking, professional judgment, and problem-solving skills because many of the basic tasks that had been done by new CPAs have been automated or offshored. According to the AICPA and NASBA (National Association of State Boards of Accountancy), compared with 1980, there are three times as many pages in the Internal Revenue Code, four times as many accounting standards, and five times as many auditing standards.
This program is structured to provide an update of relevant standards for the CPA practitioner or management personnel to consider when preparing and/or auditing financial statements or other associated attestation activities of financial information, concentrating on those standards that mostly impact private companies.
Objectives:
- Identify recently issued FASB Accounting Standards Updates (ASUs)
- Determine the updates issued by FASB at the recommendation of the PCC
- Recognize ongoing FASB projects
- Identifying and analyzing recently issued audit standards
- Recognize key proposed changes to the attestation standards for examination and review engagements
- Recognize the importance of obtaining a sufficient understanding of a small business client and the client's environment to effectively plan an audit in response to the assessed risk of material misstatement in the financial statements
Presenters:
-
Eugene Ristaino, CPA/ABV/CFF, MST
Gene Ristaino is the owner of Ristiano & Company and currently provides valuation services for private companies, along with accounting and auditing consultation and technical reviews for small and medium-sized CPA firms. His expertise includes consulting services for real estate developers and construction contractors in project costing and analysis, cost certification, claim support and...
Read more about Eugene Ristaino here
Presenters:
Eugene Ristaino, CPA/ABV/CFF, MST
Gene Ristaino is the owner of Ristiano & Company and currently provides valuation services for private companies, along with accounting and auditing consultation and technical reviews for small and medium-sized CPA firms. His expertise includes consulting services for real estate developers and construction contractors in project costing and analysis, cost certification, claim support and...Read more about Eugene Ristaino hereMajor Topics:
- Analysis of PCC accounting standards for private companies
- Highlights of recently issued mainstream FASB updates (ASUs)
- Discussion and analysis of recently issued auditing standards (GAAS)
- Discussion and analysis of recently issued SSARS standards
- Highlights of current attest standards and practices
Major Topics:
- Analysis of PCC accounting standards for private companies
- Highlights of recently issued mainstream FASB updates (ASUs)
- Discussion and analysis of recently issued auditing standards (GAAS)
- Discussion and analysis of recently issued SSARS standards
- Highlights of current attest standards and practices