Annual Update for Accountants and Auditors - Webcast
Overview
In today’s ever-evolving regulatory landscape, maintaining relevance in the profession is crucial. Participants can stay up to date with the rapid developments in accounting and auditing through our comprehensive course. They’ll delve into recent pronouncements, exposure drafts, and additional guidance pertinent to accounting,auditing, and review, compilation, and preparation engagements. This course will help participants navigate the complexities of these developments and assist them in identifying and implementing the latest standards and guidance from FASB, PCAOB,ARSC, and ASB.
OSCPA has partnered with the Idaho Society of CPAs for this event.
Highlights
- Narrow-scope accounting standards updates
- FASB exposure drafts and projects
- Exposure drafts of new auditing standards
- Preparation, compilation, and review engagement updates
Designed For
- CPAs
- Accountants, auditors, and finance professionals looking to stay up to date with prospective changes and updated requirements impacting the profession.
Objectives
When you complete this course, you will be able to:
- Identify recently issued FASB Accounting Standards Updates (ASUs) that cover broad and narrow issues.
- Determine the updates issued by FASB at the recommendation of the PCC.
- Recognize ongoing FASB projects.
- Identify unique challenges for audit engagements.
- Determine the key elements related to the auditor's risk assessment and recently issued SASs.
- Distinguish key elements included in the recently issued Statements on Quality Management Standards (SQMSs) and Statements on Standards for Accounting and Review Services (SSARSs)
- Identify best practices for performing analytical procedures in a review engagement.
Leader(s):
Leader Bios
Michael Brand, AICPA
Michael L. Brand was the chair of the ARSC from 2011 through 2015 during the time the SSARS 21 clarity project was underway. Mike is currently a partner in the firm of BMSS, LLC. He has been in the practice of public accounting for over 30 years. During those years he has been involved in all aspects of public accounting, with an emphasis in providing accounting, audit, and review services to clients in for profit, not-for-profit, and governmental sectors. He also teaches continuing education classes across the country, for which he has received the AICPA and ASCPA Outstanding Discussion Leader Award multiple times; and has spoken at several conferences nationwide and overseas. Additionally, he conducts peer reviews. Mike is the current chair of the ASCPA Board of Directors; co-chair of the AICPA’s ENGAGE conference; and current chair of the steering committee for National Advanced Accounting and Auditing Technical Symposium at ENGAGE. He also serves on the Accounting Advisory Council for the University of North Alabama. Previously, he was on the Professional Ethics Executive Committee, Peer Review Board, Joint Trial Board, and Quality Control Standards Task Force of the AICPA. Mike received his B.S. in accounting from the University of North Alabama.
(3/18/21)
Non-Member Price $410.00
Member Price $310.00