Keep abreast of the fast-paced changes in accounting and auditing. This comprehensive CPE course covers relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting, auditing, compilation, preparation, and review arenas. For revenue recognition, delaying implementation will likely end up in some companies accounting for revenues under two methods, depending on the adoption approach taken. In addition, companies may result in retroactively recalculating revenue once the new standard becomes effective.
In this course, we sort through the complexities and help you identify and apply recently issued FASB, PCAOB, and AICPA standards and guidance. With the rate of change in today's regulatory environment, it's challenging staying current on the topics affecting the profession. This course provides the information that is critical to your success and covers hot topics such as revenue recognition, leases, financial instruments, as well as intangible assets, consolidation, business combinations and statement of cash flows; Recently issued SAS Nos. 132 and 133 and recently issued auditing interpretations; recently proposed SSAE standards; Overview of SSARS No. 22 and SSARS No. 23.