This useful resource contains a description of all recent auditing, accounting and regulatory developments, and ensures you have a robust understanding of the business, economic, and regulatory environments in which you and your clients operate.
In addition, this alert ensures you have a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect your engagements, including:
Recent Economic Trends Recent Legislative and PCAOB Developments FASB exposure drafts Committee of Sponsoring Organizations of the Treadway Commission (COSO) ARSC Clarity Project, including the newly issued AICPA SSARS No. 21 Standard AICPA Ethics Codification Project It also contains new accounting and auditing guidance related to derivatives and hedging, service concession agreements, discontinued operations, stock compensation, and more.
Key Benefits:
Get an understanding of the new AICPA ethics codification project Get an understanding of the new PCAOB requirements for Broker Dealers Discussion of Revenue Recognition Standard Discussion of recent PCC alternatives Get an understanding of the new COSO Framework Updates:
Audit Quality Initiative SSARS Clarity Project Statement on Auditing Standards No. 129 ASB Going Concern Interpretations Who Will Benefit:
All auditors as new accounting guidance is discussed
