This course covers recently issued accounting and financial statement reporting standards from the Financial Accounting Standards Board. Key implementation challenges and experiences from public company filings will be identified. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After completing this course, you will be able to:
- Recognize the foundational principles of SSARS.
- Identify the new requirements included in SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions.
- Indicate processes to achieve high-quality SSARS engagements.
Major Topics
The major topics that will be covered in this course include:
- Stay in compliance with recent ethics standards changes that impact your practice.
- Learn about key regulatory changes and initiatives impacting CPAs and the future of the profession.
- Discuss emerging issues and standard-setting activity that could affect your practice in the future.
- Explore practical applications of the standards and hear about common practice issues and challenges. Examples include private equity, technology, tax planning, audit quality, regulatory enforcement and standard-setting environment.
- Learn how failure to follow the standards can result in unwanted regulatory actions and publicity.