Current Issues in Accounting and Auditing: An Annual Update - VIRTUAL
Webcast Only
4.00 Credits
Member Price $150.00
Price will increase by $25 after 7/30
Non-Member Price $200.00
Price will increase by $25 after 7/30
Overview
This is the VIRTUAL option.
Designed for accounting, auditing, and attestation practitioners at all levels in public accounting and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards and reports issued over the past few years, including a discussion of the FASB’s Stage 3 PIR report on ASC 606. It also provides an overview of recent PCAOB inspection report findings and SEC rulemaking activity. Through hands-on examples and illustrations, this course will help you apply the guidance in practice. We further discuss other important A&A practice matters to be aware of, including an update on the quality management standards and soon-to-be-effective requirements for engagement quality reviews.
Highlights
- Recently issues but newly implemented Accounting Standards Updates (ASUs), the PCC Update, and items on the FASB's Technical Agenda
- New ASUs covering disaggregated expenses, crypto assets (e.g. cryptocurrency), and business combinations
- Results and findings of the FASB's Final (Stage 3) Post-Implementation Review (PIR) Report on Topic 606
- Recently issued SASs and other AIPCA activity through SAS No. 149
- Detailed review of the three new Statement on Quality Management Standards (SQMS 1, SQMS 2, and SQMS 3)
- Other important A&A practice matters
Prerequisites
Experience in accounting and attestation
Designed For
Accounting, auditing, and attestation practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities
Objectives
After completing this course you will be able to . . .
- Recall and apply recently issued and proposed FASB and AICPA pronouncement
- Understand the key findings of FASB's PIR report covering revenue recognition in ASC 606
- Understand the main provisions of SASs No. 146 to No. 149
- Identify other important A&A practice matters to be aware of
- Understand the key findings in recent PCAOB inspection reports
- Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material
Preparation
None
Leader(s):
Leader Bios
Jeffrey Lieman, Surgent McCoy Self Study
Jeffrey Lieman, CPA Mr. Lieman currently heads his own consulting firm, Lieman Associates LLC, in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms, and their clients. He is recognized nationally as a lecturer for various accounting, auditing, and technology topics and has been quoted in various trade journals. Since 2016, he has received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Mr. Lieman’s previous experience included serving as the chief financial examiner for the Maryland Insurance Administration and being a director for Ellin & Tucker, Chartered. He trained staff in many areas of accounting, administration, and consulting. He also served as a senior manager and national trainer with KPMG in Baltimore, Maryland where he developed training materials for staff and instructors. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.
Non-Member Price $200.00
Member Price $150.00