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Accounting and Auditing Update (AAAU)

  • 01/16/2018
  • 10:30 AM - 6:00 PM
  • WEBINAR 4171010J

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Stay current on new standards related to financial accounting, compilation and review, and auditing. Learn about specific requirements of the standards and their potential impact on financial statements as well as what's in the pipeline regarding proposed standards. Discuss activities of the Private Company Council (PCC) and the AICPA Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs).

Note: SEC reporting requirements and public company audit requirements will not be covered.

Objectives:

  • Recognize the requirements and impact of all financial accounting standards recently issued or effective in 2017 and thereafter.
  •  Determine compilation and review standards issued during the past two years.
  • Identify and gain an understanding of recently enacted auditing standards.
  • Recall the activities of the Private Company Council (PCC) and outline the AICPA Financial Reporting Framework for Small-and Medium-sized Entities (FRF for SMEs).
Topics Discussed:
  • Review of select AICPA Technical Questions and Answers.
  • AICPA Financial Reporting Framework for Small and Medium Sized Entities (FRF-SMEs).
  • Compilation and review standards and interpretations (SSARS).
  • Auditing standards and interpretations (SAS & SSAE

Designed For: CPAs responsible for preparing GAAP financial statements as well as those who audit, review or compile financial statements.
Level: Update
Instructor: Thomas E. Noce, CPA, CFE
Developer: CalCPA
CPE Credits: 8
Area of Study: Accounting
Prerequisite: General working knowledge of GAAP as well as compilation, review and audit standards.

North Dakota CPA Society
2701 South Columbia Road, Ste D
Grand Forks, ND 58201

Phone: (701) 775-7100 or (877) 637-2727
Email: mail@ndcpas.org

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