Overview

8.0 Credits
ONLINE

Receive updates on standards from the FASB, SSARS and the AICPA private company audit standards. CPAs in industry and public practice want to understand the changes going live in 2024 in accounting, compilation, review and auditing. This information will help you and your team prepare for the upcoming busy season if you are in public practice. If you are in industry, this material will help you get an appreciation of the big changes coming to your financial statements and what your auditors will be asking.

Objectives

  • Apply the FASB updates going live this year
  • Identify common issues impacting the Leases and Current Expected Credit Losses (CECL) standards
  • Implement the auditing standards for private companies
  • Understand the new quality management standards
  • Discuss the new risk assessment standard

Major Topics


• FASB updates going live this year
• Common issues impacting Leases and Current Expected Credit Loss standards
• New Quality Management standards
• SSARS Compilation and Review Update
• Auditing Standards Update
• New Risk Assessment Standard

Prerequisite

None

Sessions

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Wednesday, December 11, 2024

General Sessions
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