Surgent's Accounting, Audit, and Attest Update for Practitioners withSU2477 24

 

Surgent's Accounting, Audit, and Attest Update for Practitioners with Small-Business Clients - Download

May 1st, 2024 - April 30th, 2025 @ -

Member Price $159
Non-Member Price $189
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Credits

8

Description

Specifically tailored for practitioners who not only 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, auditing, and SSARS 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 new guidance.Through a detailed review of the new lease accounting guidance, common special purpose frameworks, new guidance related to audits and SSARS engagements, and the soon-to-be-effected credit loss standard, this course will get you up to speed on the things that are most important to your smaller and medium-sized clients.

Objectives

  • Keep abreast of current private company standard setting activities of the PCC
  • Review recently issued accounting and non-audit attestation pronouncements and hot topics
  • Identify key accounting implications related to new ASUs and ASC Topics 842 and 326
  • Understand new guidance applicable to auditing, SSARS and attest engagements
  • Be aware of other important guidance affecting small and medium-sized business practitioners

Major Subjects

  • Private company standard setting activities
  • Small and medium-sized business-related ASUs
  • Lease accounting update
  • Lessons adopted from the adoption of Topic 606
  • Special purpose frameworks -- Cash, modified cash, and tax basis
  • Common small and medium-sized business financial statement errors and deficiencies
  • Newly issued SSARS and SSAE standards
  • SASs effective for 2022 year-end audits

Prerequisites

Experience in accounting and auditing