Annual Update for Accountants and Auditors WEBCAST - presented by the Idaho Society of CPAs
Overview
In today’s ever-evolving regulatory landscape, maintaining relevance in the profession is crucial. Stay up to date with the rapid developments in accounting and auditing through our comprehensive course. We delve into recent pronouncements, exposure drafts, and additional guidance pertinent to accounting, auditing, review, compilation, and preparation engagements. Allow us to navigate the complexities for you, assisting in identifying and implementing the latest standards and guidance from FASB, PCAOB, ARSC, and ASB. NOTE: The Season Ticket and Coupons are not applicable for this course.
Highlights
Narrow-scope accounting standards updates. Financial instruments and leases. FASB exposure drafts and projects. Exposure drafts of new auditing standards. Preparation. compilation. and review engagement updates.
Prerequisites
Previous experience in accounting and auditing.
Designed For
CPAs, accountants, auditors, and finance professionals looking to stay up to date with prospective changes and updated requirements impacting the profession.
Objectives
Identify recently issued FASB Accounting Standards Updates (ASUs) that cover broad and narrow issues. Identify the objectives and working plan of the Private Company Council (PCC). Determine the updates issued by FASB at the recommendation of the PCC. Recognize ongoing FASB projects. 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.
Preparation
None.
Leader(s):
Leader Bios
Michael Brand, Johnson Feigley Newton & Brand LLP
Michael L. Brand joined ARSC during the 2010-2011 committee year, and has been the chair of the ARSC since the 2011-2012 committee year. Mike is a partner in the firm of Johnson, Feigley, Newton & Brand in Athens, AL. He received his B.S. in accounting from the University of North Alabama and has been in the practice of public accounting for over 24 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 and has been awarded the Outstanding Discussion Leader multiple times and has spoken at several conferences nationwide. Additionally, he conducts peer reviews. He is the current chair of the Alabama Society of Certified Public Accountants Peer Review Committee and was formerly on the Peer Review Board, Joint Trial Board, and Quality Control Standards Task Force of the AICPA. Mike currently lives in Athens, AL with his wife and two sons. He is actively involved in the community and enjoys his time outside of the office with his family enjoying outdoor sporting activities, running and cooking.
Non-Member Price $410.00
Member Price $310.00