Accounting & Auditing Update

Tuesday, September 07, 2021
Webcast or Webinar, Online
2:00 PM - 5:44 PM (opens at 1:30 PM) EST
4Credits
Accounting and Auditing

Registration is Open

Members
$129.00 Regular Price
Non-Members
$159.00 Regular Price

CPE PowerPass Users

Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$72.00 Members / $104.00 Non-Members
Course Type: Webcast
Course Code: 21/AC784155
Level: Update
Vendor: ACPEN
Field of Study: Auditing (Governmental), Accounting (Governmental)

Overview:

This course will examine the recent activities of the Financial Accounting Standards Board (FASB) and will cover standards effective in the current year. We then switch gears and discuss standards issued by the Auditing Standards Board and the Accounting & Review Services Committees of the AICPA. Our focus is on the impact of the new standards and how you can prepare to implement them in a practical way.

Objectives:

  • Describe recently issued changes to US GAAP
  • Define a lease under Topic 842
  • Prepare an audit report compliant with SAS 134 and 136

Major Topics:

  • Recently issued Accounting Standard Updates (ASUs)
  • Leases; Financial instruments
  • The new auditors report (SAS 134)
  • Employee Benefit Plan Audits (SAS 136)
  • Materiality

 

Designed For:

Accountants in public practice and industry.

Prerequisite:

Prior experience with GAAP or GAAS.