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CPE Self-Study
Annual Update for Accountants and Auditors
NASBA FIELD OF STUDY
Accounting and Auditing
LEVEL
Update
CPE CREDITS
Text: 10.0, Online: 9.0
Identify and apply recently issued FASB, PCAOB, and AICPA standards and guidance.

CPE On-Demand
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Product details

Keep abreast of the fast−paced changes.

Who Will Benefit?

  • CPAs who require a comprehensive review of recent accounting and auditing pronouncements

Key Topics

  • FASB accounting standards updates
  • Audit and attestation updates
  • Preparation, compilation and review engagement update; PCAOB update
  • Revenue recognition
  • Financial instruments
  • Leases
  • Private company financial reporting
  • FASB exposure drafts and projects
  • The current environment and implications for audit planning

Learning Objectives

  • Understand recently issued FASB standards and guidance.
  • Recognize ongoing FASB projects in framework, recognition and measurement, and presentation and disclosure.
  • Assess the effect of recently issued auditing standards, attestation standards, and standards on accounting and review services.
  • Become familiar with exposure drafts and other projects in accounting, auditing, compilation, preparation, and review services.
  • Identify the recent development for non-audit services and issues related to non-audit financial reporting services that CPAs can provide.

With the rate of change in today's regulatory environment, it's hard to stay abreast of the latest topics affecting the accounting and auditing profession- information that could be critical to your success.

Covering relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting, auditing, compilation, preparation, and review arenas, this self study CPE course features hot topics including:

  • Intangible assets
  • Consolidation
  • Business combinations
  • Statement of cash flows
  • Recently issued SAS No. 135 and final balloted draft of new SAS
  • Auditing interpretations
  • Recently proposed SSAE standards
  • Overview of SSARS No. 24

Stay current on the topics that matter most with this comprehensive course sure to be an invaluable tool for CPAs.

Table of contents
Ratings and reviews
Author(s)

Kurt G. Oestriecher, CPA

Alexandria, Louisiana

Mr. Oestriecher has been employed by Oestriecher & Company; CPA's since 1986 and has been partner in charge of accounting and auditing services since 1994. He has also served as an Adjunct Instructor of Accounting at Louisiana State University at Alexandria and Northwestern State University.

Kurt functions in many capacities for the Louisiana Society of CPAs on its board and varying committees. He is Past President of the LCPA and past President of the Central Louisiana Chapter of Society of Louisiana CPAs. He is currently chair of the LCPA Professional Ethics Committee. He is a member of the AICPA and has served on the Accounting and Review Services Committee, which issues the Statements on Standards for Accounting and Review Services. He also served a six year term on the AICPA Joint Trial Board, and recently completed a three year term on AICPA Council

He received the Outstanding Discussion Leader Award from the Louisiana Society of CPAs in 1998, 2006, and 2010, and the AICPA Outstanding Discussion Leader Award in 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, and 2015.

Mark Beasley, PhD, CPA

Mark S. Beasley is the Deloitte Professor of Enterprise Risk Management and Director of NorthCarolina State's Enterprise Risk Management (ERM) Initiative, which provides thought leadership about ERM practices and their integration with strategy and corporate governance.

In 2012, Mark was named by the National Association of Corporate Directors (NACD) as one of the “100 People to Watch.? He recently completed over seven years of service on the board for the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Mark is a frequent speaker at national and international conferences and frequently works with boards of directors and senior executives on risk oversight issues. He teaches courses related to enterprise risk management, risks and controls, and auditing in the graduate and executive education programs.

Mark has authored over 80 research articles and business publications and he is the author of a leading auditing textbook. Prior to joining NC State, Mark served as a Technical Manager in the Audit and Attest Division of the AICPA and as an Audit Manager in the Nashville, TN office of Ernst & Young. He received a BS in accounting from Auburn University and a Ph.D. from Michigan State University.

Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$239.00
Member Quantity:
Nonmember Quantity:
Quantity:
Estimated total:
$239.00
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CREDIT INFO
CPE credits
Text
: 10.0,
Online
: 9.0
NASBA Field of Study
Accounting and Auditing
Level
Update
Prerequisites
General understanding of FASB ASC, including ASUs. Knowledge of basic accounting requirements, including financial statement preparation and reporting. General understanding of audit and attestation standards.
ADVANCE PREPARATION
None
Delivery Method
QAS Self-Study
Course acronym
AUAA
GROUP PRICING
Contact a representative for group pricing.
Telephone: 800.634.6780 (Option 1)
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