Kral Ussery LLC, Certified Public Accountants
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FASB, GAAS and PCAOB Developments

FASB, GAAS and PCAOB Developments: Recent Accounting and Auditing Updates

Keeping up with accounting and auditing changes can be a full-time job. Get the latest updates coming from the SEC, FASB, AICPA, PCAOB, and others in this one-day session geared for all staff and management with accounting, auditing, and financial reporting roles. Topics include:

  • Accounting Standard Updates (ASUs) issued by FASB over the last year
  • The new revenue recognition standard (ASC Topic 606)
  • The new lease accounting standard (ASC Topic 842)
  • AICPA's Non-GAAP Framework for Financial Reporting
  • Latest publications and guidance from the Committee of Sponsoring Organizations of the Treadway Commission (COSO)
  • Attestation developments from Statements on Standards for Attestation Engagements (SSAE)
  • Generally Accepted Auditing Standards (GAAS) developments from the Auditing Standards Board (ASB), a division of the American Institute of Certified Public Accountants (AICPA)
  • Recent developments from The Center for Audit Quality (CAQ)
  • Public Company Accounting Oversight Board (PCAOB) new standards, alerts, and guidance
  • SEC speeches pertaining to accounting and auditing matters
Session objectives:
  • Understand accounting risks relative to recent activities and trends
  • Understand auditing risks relative to recent activities and trends
  • Learn how to best keep within the good graces of regulators
  • Explore technical aspects for staying in compliance

This training session is intended to be tailored for a specific organizational type, to address either a private company, public company or non-profit organization environment.

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