Review of Recent Developments in Accounting and Auditing

Course Information

Title: Review of Recent Developments in Accounting and Auditing
Category: Accounting and Auditing
Field of Study: Accounting, Auditing
Course Code: M334
CPE Credits: 4.0
Price: 34.95

Description

Description:

This course is designed for accounting, auditing, and attestation practitioners at all levels in public accounting and business and industry, and provides a detailed review of the multitude of recent FASB and AICPA standards and reports, including a discussion of the FASB’s Stage 3 PIR report on ASC 606. This course also provides an overview of recent PCAOB inspection report findings and SEC rulemaking activity. This course will help you apply the guidance in practice through hands-on examples and illustrations. This course also covers other important A&A practice matters, including an update on the quality management standards and soon-to-be-effective requirements for engagement quality reviews.

Delivery Method: Online Interactive Self Study

Level: Update

Prerequisites: None

Advanced Preparation: None

Course Details

Category: Accounting and Auditing

Field of Study: Accounting, Auditing

Passing Score: 70%

Technical Details: Accounting and Auditing: Technical

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Objectives

Objectives:

  • Recall and apply recently issued and proposed FASB and AICPA pronouncements
  • Understand the key findings of the FASB’s PIR report covering revenue recognition in ASC 606
  • Understand the main provisions of SASs No. 146 to No. 149
  • Identify other important A&A practice matters to be aware of
  • Understand the key findings in recent PCAOB inspection reports
  • Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material

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Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs.

IRS: No IRS credit for Enrolled Agents

Profession Identifiers: CPA