Current Issues in Accounting and Auditing: An Annual Update
Overview
*** Save 15% on this event when you use the code SPRING25 at checkout ***
Designed for accounting, auditing, and attestation practitioners at all levels in public accounting and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards and reports issued over the past few years, including a discussion of the FASB’s Stage 3 PIR report on ASC 606. It also provides an overview of recent PCAOB inspection report findings and SEC rulemaking activity. Through hands-on examples and illustrations, this course will help you apply the guidance in practice. We further discuss other important A&A practice matters to be aware of, including an update on the quality management standards and soon-to-be-effective requirements for engagement quality reviews.Highlights
- Recently issued but newly implemented Accounting Standards Updates (ASUs), the PCC Update, and items on theFASB’s Technical Agenda
- New ASUs covering disaggregated expenses, crypto assets (e.g., cryptocurrency), and business combinations
- Results and findings of the FASB’s Final (Stage 3) Post-Implementation Review (PIR) Report on Topic 606
- Recently issued SASs and other AICPA activity through SAS No. 149
- Detailed review of the three new Statement on Quality Management Standards (SQMS 1, SQMS 2, and SQMS 3)
- Other important A&A practice matters
Prerequisites
Experience in accounting and attestation
Designed For
Accounting, auditing, and attestation practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities
Objectives
- Recall and apply recently issued and proposed FASB and AICPA pronouncements
- Understand the key findings of the FASB’s PIR report covering revenue recognition in ASC 606
- Understand the main provisions of SASs No. 146 to No. 149
- Identify other important A&A practice matters to be aware of
- Understand the key findings in recent PCAOB inspection reports
- Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material
Preparation
None
Leader(s):
Leader Bios
Jason Carney
Jason Carney, CPA, CISA, PMP, CISSP, CCSP, Esq., is a senior manager at ABS, Inc., a boutique consulting firm based in the Washington, DC metro specializing in complex accounting issues. He is also the principal for IRS Problem Free, a tax resolution service. He has more than 15 years of experience in public accounting, consulting, and industry. His specialties include technical accounting, financial statement audit, information security, and tax controversy. Jason has worked in the financial services, software, and federal finance sectors.
Jason has taught more than 100 CPE courses for audiences across the country. He has been consistently well-received and specializes in adapting content for the unique needs of each audience. He believes that relevant and engaging training is essential for career development and business success.
Jason is a member of the Minnesota Society of CPAs and was a President’s Scholar at the University of Saint Thomas Law School. He is a member of the Minnesota Bar and holds CPA licenses in four jurisdictions. He is a former Treasurer for Fort Safety, a non-profit focused on keeping families and children safe online. He wrote “What is Business Intelligence and Why Should CPAs Care?” for Footnote magazine and contributed to the upcoming publication, What Every Lawyer Needs to Know About Client Trust Accounts.
Non-Member Price $234.00
Member Price $169.00