August 27, 2018


In-Person

Alabama Society of CPAs
1041 Longfield Ct, Montgomery, Montgomery County, Alabama 36117-8056


8 Total CPE Credits

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Accounting and Auditing Current Developments

  • Instructor

    Ray Thompson

Learning Objectives

  • Prepare to implement the revenue recognition standard and understand how it may change recognition, documentation and disclosure for your company or clients
  • Obtain and utilize a progress report on standards affecting revenue recognition, leases, and financial instruments
  • Understand the accountants compliance and reporting responsibilities for data breaches
  • Understand the impact of Peer Review program changes on your practice
  • Receive an implementation update on SSARS 21, and the preparation of (plain paper) engagements
  • Recognize recent FASB standards and how they will affect your company or clients.
  • Identify current and proposed standards involving EITF, FASB, PCAOB, ASB, and IASB.

Major Topics

  • Economics, business and reporting risk in today's economy
  • Implementing the revenue recognition standard
  • Cybersecurity: compliance and reporting issues
  • Recent accounting standards, cash flow, not for profits and financial instruments.
  • The impact of tightening peer review standards.
  • Recent FASB pronouncements
  • FASB's simplification projects
  • SSARS Update: 21: Preparation, compilation and review update
  • ASB standards

CPE Credits Available

8
Total CPE
8
Accounting & Auditing

Alabama Society of CPAs

1041 Longfield Ct, Montgomery, Montgomery County, Alabama 36117-8056

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Things to Know About This Course

Course Level

  • Update

Professional Area of Focus

  • A & A

Prerequisites

Prior learning or experience in accounting and auditing

Advanced Preparation

None

Intended Audience

Accountants in public practice and industry who need a comprehensive review of recent accounting and auditing pronouncements and other developments which will affect them in the coming year

Provider

Business Learning Institute

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