Course ID: PAAU

The Latest A&A Scoop: Highlights of Current Accounting and Auditing Issues

This course provides a practical overview of the most important issues facing most companies and their accountants. The focus is on explaining the basis behind major issues and trends in plain language, enabling professionals to understand the most important aspects of relevant standards and why any planned or potential changes are coming down the pike.


Learning Objectives
  • Describe “hot topics” in accounting and financial reporting, including the impact of COVID-19
  • Explain how to manage risk associated with audit and nonaudit services
  • Discuss practical examples of implementing changing technical, professional and relevant regulatory requirements

Major Topics
  • The latest FASB standard-setting activity, including significant projects on the horizon
  • The impact of new revenue recognition, financial instruments, and lease accounting rules as it relates to entities not in specialized industries such as financial institutions and insurance
  • Recent revisions to generally accepted auditing standards, including PCAOB audit and reporting requirements
  • Frequently asked questions related to SSARSs financial statement preparation, compilation and review engagements
  • When to apply the latest attestation standards contained in SSAEs
  • Other matters that should be on your radar, such as the impact of COVID-19

Advanced Preparations

None


Who Should Attend

Public and industry accountants at all levels interested in remaining current on professional, technical and relevant regulatory requirements


Fields of Study
Accounting, Auditing

Prerequisites

Knowledge of currently effective professional and technical standards


Provider
Business Learning Institute

CPE Credits
4.0

Level
Update

This course is available for your group as:

 

Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.


Or, contact BLI: 888-481-3500 or team@blionline.org
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