This useful resource contains a description of all recent auditing, accounting and regulatory developments, and ensures you have a robust understanding of the business, economic, and regulatory environments in which you and your clients operate.
In addition, this alert ensures you have a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect your engagements, including:
- Recent Economic Trends
- Recent Legislative and PCAOB Developments
- FASB exposure drafts
- Committee of Sponsoring Organizations of the Treadway Commission (COSO)
- ARSC Clarity Project, including the newly issued AICPA SSARS No. 21 Standard
- AICPA Ethics Codification Project
It also contains new accounting and auditing guidance related to derivatives and hedging, service concession agreements, discontinued operations, stock compensation, and more.
Key Benefits:
- Get an understanding of the new AICPA ethics codification project
- Get an understanding of the new PCAOB requirements for Broker Dealers
- Discussion of Revenue Recognition Standard
- Discussion of recent PCC alternatives
- Get an understanding of the new COSO Framework
Updates:
- Audit Quality Initiative
- SSARS Clarity Project
- Statement on Auditing Standards No. 129
- ASB Going Concern Interpretations
Who Will Benefit:
- All auditors as new accounting guidance is discussed
