Specifically tailored for practitioners who do not perform audits but provide other attest and non-attest services to small and medium-sized businesses, this course is a comprehensive update covering recently issued accounting, compilation, and review standards, as well as other professional guidance impacting small and medium-sized business accountants. The course uses practical examples and illustrations to help you understand and apply the material in practice.
Learning Objectives
- Review recently issued accounting and non-audit attestation pronouncements, including PCC activities
- Identify best practices for ASC 842
- Be aware of other important AICPA guidance affecting small and medium-sized business practitioners
Major Topics
- Small and medium-sized business-related FASB ASUs, including recent PCC activities
- Recently issued AICPA standards
- Ethics and independence updates and interpretations
- Newly issued SSARS and SSAE standards
- SASs effective for current and future audits