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General Accounting and Auditing Developments - 2019/20 Audit Risk Alert Logo aicpa

  $49.00 - 59.00 |   AICPA |   Dec 2019 |   AICPA Store
Who Will Benefit
  • Practitioners who seek resources to perform quality audits and those who are responsible for the preparation or oversight of financial statements.
Key Topics
  • This alert may also help auditors plan and perform audits conducted in accordance with the requirements of accounting and auditing standards.
How will this product help you with the work on your desk?
  • This alert helps you plan and perform your audits and can be used by an entity's internal management to identify issues significant to the industry.
  • This alert is also an important tool to help you identify the risks that may result in the material misstatement of financial statements, including significant risks requiring special audit consideration.

Identify the Risks.

Before you plan and perform your audits, ensure you have a robust understanding of the business, economic, and regulatory environments in which you and your clients operate.

This alert provides auditors with an overview of recent economic, industry, technical, regulatory, and professional developments that may affect how auditors conduct audits and other engagements. Updates include:

Updates include:

  • Economic and Industry Developments
  • Legislative and Regulatory Developments
  • Audit and Attestation Issues and Developments
  • Revenue Recognition
  • New Lease Standard
  • Recent AICPA Independence and Developments

An entity's internal management can also use this alert to address areas of audit concern.

Topics covered:
  • Financial accounting & reporting: Technical: FASB financial accounting & reporting, Foundational
  • Assurance: Technical: Audit: Audit risk assessment, Foundational


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