Review the Accounting Standard Updates effective in 2024 for public entities, private entities, and nonprofits. Review the items coming down the pike, including a look at the projects identified by the FASB's Invitation to Comment: Agenda Consultation. Also, study year two considerations for leases, including modification accounting; examine the audit side of the house and review the impact of the changes to auditing group audits and the status of the AICPA's quality management project management.