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This course is designed to keep the CPA abreast of the fast-paced changes for accountants and auditors. Specifically, this course will outline Accounting topics such as ASU Updates (with specific emphasis on Fair Value and Consolidation), Private Company Financial Reporting, International Standards, and other FASB Projects (such as leases, financial instruments, revenue recognition, and the Financial Reporting Project). NOTE: the specific difference between this course and the AAUW (AICPA’s Annual Accounting and Auditing Workshop) is the level of detail with regard to each of the above mentioned topics.Objectives:
Identify and apply recently issued FASB guidance
Assess the effect of recently issued auditing standards and standards on accounting and review services
Anticipate forthcoming guidance and standards in accounting, auditing, compilation and review services
Prerequisite: Experience in accounting and auditing.
Advanced Preparation: None
In this video, John F. Hudson, CPA, President of Hudson Consulting Group, LLC, will discuss A&A developments with Ahava Goldman, AICPA Senior Technical Manager, Audit and Attest Standards; Mike Glynn, AICPA Senior Technical Manager, Audit and Attest Standards;; Charles Landes, AICPA Vice President, Professional Standards and Services; Daniel Noll, AICPA Director, Accounting Standards; Anne Oestriecher, CPA, Advisory Representative of Oestriecher Financial Management Services; John will also discuss recent occurances regarding IFRS with DJ Gannon, CPA Deputy Managing Partner for U.S. Regulatory and Public Policy and Bob Laux, CPA, Senior Director of Financial Accounting and Reporting at Microsoft Corporation.
Note: AICPA's Annual Accounting and Auditing Update Workshop (2012-2013 Edition) includes the video content of this course.
*The DVD contains the video presentation. A CD contains a viewable copy of the Manual.