A&A Year in Review: Exploring the Latest Issues & Challenges Facing CPAs  (AAYR)

8.00 CPE Credit Hours

With so much going on in the accounting and auditing arena lately, it's easy to have missed some of the more important issues and challenges facing the profession today and into the near future. This course, designed for accounting and auditing practitioners at all levels in both public accounting and business and industry, will provide you with a year in review look at some of the more important issues and challenges facing CPAs. We will identify and discuss specific areas within the profession that are likely to affect you and your clients thereby keeping you "in the know" on these critical topics. Examples and illustrations will be used along with hands-on exercises that allow you to "interact" with the issues to further enhance your understanding and application of the matters presented.

Designed For
Accounting and auditing practitioners at all levels desiring to remain "in the know" on current accounting and auditing hot topics and standard setters' activities

Objective
Identify current accounting and auditing "hot topics" affecting the profession Review the latest issues and challenges facing today's practicing CPAs Apply a hands-on approach using examples, illustrations, and exercises in understanding how to deal with current and upcoming changes Be aware of the direction standard setters are taking critical accounting and auditing matters Understand how the current economic environment is affecting financial reporting and audit engagements

Highlights
Big GAAP - Little GAAP (Private Company Financial Reporting) Changing the auditor reporting model Revenue recognition Lease accounting IFRS - the new U.S. reporting framework? Reporting in the current economic environment Fair value measurement and disclosures The "best of the rest"

Prerequisites
Experience in accounting and auditing

Advanced Preparation
None

Developer
Surgent CPE, LLC

Presenters
Thomas Sheets,

Level of Knowledge
Update