Practical Accounting Update 2024

Overview

In this dynamic course, we’ll delve into essential updates and equip you with the practical knowledge to navigate the latest changes in the field. Need insights on how the shift from the Statements on Quality Control Standards (SQCSs) to the Statement on Quality Management Standards (SQMSs) will affect your practice? We have you covered. Questions about cybersecurity requirements for CPAs? Arm yourself with practical strategies to protect your clients and firm in an increasingly digital world. From the newest accounting rules to mastering new audit standards, we’ll explore the newest developments to help you navigate the changes.

Highlights

• New rules in the accounting arena • SQMS • NOCLAR rules • Cybersecurity • New Audit Standards

Prerequisites

Familiarity with basic accounting and auditing standards

Designed For

CPAs, accountants, bookkeepers and controllers.

Objectives

• Understand the new SQCS, now known as SQMS • Implementation of new accounting rules • Understand the CPA’s requirements for cybersecurity • Understand the new Audit Standards, including evidence and analytics

Preparation

None