Surgent's Accounting and Auditing Update (Audit Skills Training - Level 6) (A6M4)

Description

Both public and private CPAs must be up-to-date on changes to various potentially relevant standards, including: U.S. GAAP, audits of nonissuers, compilations and reviews. This module provides recent and proposed changes to relevant professional and regulatory standards.

Highlights

• U.S. GAAP modifications specific to nonpublic business entities
• FASB Accounting Standards Updates with open effective dates, including revenue recognition and leases
• Recently issued Clarified Auditing Standards
• Other relevant matters
  
  
  

Objectives

• Discuss changes to U.S. GAAP, including changes specific to nonpublic business entities
• Describe the most important considerations for implementing new U.S. GAAP
• Explain changes to Statements on Auditing Standards (SASs) and other relevant attest-related activity
  
  
  

Designed For

Accountants with responsibilities requiring knowledge of changing accounting and auditing standards