Accounting and Auditing Update (4101010D)

Stay current and understand the significance of new financial accounting standards, compilation and review standards, and auditing standards. Taught by top instructor Wayne Borkowski, this course will provide you with not only specifics about the standards, but also their potential impact on financial statements. Exposure drafts of proposed statements will be reviewed. Gain expertise on the latest private company financial reporting requirements and auditing standards.

Note: SEC reporting requirements and public company audit requirements will not be covered in this course.

• Understand the requirements and financial statement impact of all financial accounting standards effective in 2010 and thereafter.
• Comprehend the potential impact of outstanding exposure drafts of proposed financial accounting standards.
• Examine all compilation and review standards issued during the past two years as well as the potential impact of outstanding exposure drafts.
• Learn the impact of the FASB GAAP codification on practitioners.

• All financial accounting standards effective in 2010 and thereafter
• A listing of outstanding exposure drafts of proposed financial accounting standards
• All compilation and review standards and interpretations issued during the past two years and a listing of outstanding exposure drafts
• All auditing standards and interpretations issued during the past two years and a listing of outstanding exposure drafts
• FASB's GAAP Codification

CPAs who are responsible for preparing GAAP financial statements as well as those who audit, review or compile financial statements.

None

None

To ensure that all credit is properly recorded, please review your personal profile and update your CPA, CFP, CTEC and/or Bar license number(s).