Updated guidance related to financial reporting, auditing procedures and compliance, including the latest standards issued by FASB, ASB, ARSC, and other bodies, is covered for accountants and auditors.

Recent accounting and auditing updates deciphered

In today’s rapidly changing regulatory environment, familiarizing yourself with current information is critical to your success. You can make sure you are up to date with the newly issued FASB, PCAOB, and AICPA standards related to:

• Accounting
• Auditing
• Compilation
• Preparation
• Review

Grasping the implications relevant to your practice

Understanding the crucial information presented through these newly issued standards will improve your practice. You’ll be able to apply new guidance after gaining insight into the implications of these standards and how they will affect your engagements.

Insights into the unique challenges in auditing and accounting

You’ll also learn how to identify the unique challenges for audit and attest engagements under the new guidance and gain clarity on topics, including:

• The Private Company Council’s (PCC) objectives and working plan
• Risk assessment and recently issued SASs
• Best practices for performing analytical procedures in a review engagement