This alert provides auditors with an overview of recent economic, industry, technical, regulatory, and professional developments that may affect how auditors conduct audits and other engagements. An entitypsquo;s internal management can also use this alert to address areas of audit concern.
Updates include:
Economic and Industry Developments
Legislative and Regulatory Developments
Audit and Attestation Issues and Developments
Revenue Recognition
New Lease Standard
Accounting for Financial Instruments
Recent AICPA Independence and Developments