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Need more CPE credits? Get this course plus 12 months of unlimited self-study for just $499!

Accounting and Auditing Update (Audit Skills Training - Level 6) (A6M4)

  • Format Self-Study Webcasts
  • Credits 3
  • Level Overview
  • Field of Study Accounting (1.50), Auditing (1.50)

$54.00


Overview

Both public and private CPAs must be up-to-date on changes to various potentially relevant standards, including: U.S. GAAP, audits of nonissuers, compilations and reviews. This module provides recent and proposed changes to relevant professional and regulatory standards.

Major Topics:

  • Private Company Council U.S. GAAP modifications
  • FASB Accounting Standards Updates with open effective dates, including revenue recognition and leases
  • Recently issued Clarified Auditing Standards
  • Recent SSARS activity

Learning Objectives

  • Discuss changes to U.S. GAAP, including Private Company Council influenced changes
  • Describe changes to Statements on Standards for Accounting and Review Services (SSARS) that govern preparation of financial statements, compilations and reviews
  • Explain changes to Statements on Auditing Standards (SASs) and other relevant audit-related activity

Who should take this course:

Accountants with responsibilities requiring knowledge of changing accounting and auditing standards

Experience on complex audit engagements

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