Annual Update for Accountants and Auditors

Overview

You could pay $0 for this course!

In today’s ever-evolving regulatory landscape, maintaining relevance in the profession is crucial. Stay up to date with the rapid developments in accounting and auditing through our comprehensive course. We delve into recent pronouncements, exposure drafts, and additional guidance pertinent to accounting, auditing, review, compilation, and preparation engagements. Allow us to navigate the complexities for you, assisting in identifying and implementing the latest standards and guidance from FASB, PCAOB, ARSC, and ASB.

This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course. The course code for this program is C-2452. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.

Highlights

• Recently issued ASUs • Current FASB exposure draft and projects • Audit and attest engagements update • Recent PCAOB guidance • Latest activity from ARSC

Prerequisites

Previous experience in accounting and auditing

Designed For

CPAs in public practice and industry who want to remain up to date on accounting, auditing, preparation, compilation, and review pronouncements

Objectives

When you complete this course, you will be able to: • Identify key points related to recently issued FASB standards and guidance. • Recognize the effect of recently issued auditing standards, attestation standards, and standards on accounting and review services. • Identify key concepts related to exposure drafts and other projects in accounting, auditing, compilation, preparation, and review services. • Distinguish key elements included in the recently issued Statements on Quality Management Standards (SQMSs) and Statement on Standards for Accounting and Review Services (SSARSs).