2026/27 Annual Update for Accountants & Auditors
Description
This comprehensive annual update brings together key accounting and auditing developments affecting accountants and auditors across industries. The course combines recent standard-setting activity issued by the Financial Accounting Standards Board with major audit and attestation updates from the AICPA, providing a well-rounded view of changes impacting financial reporting and engagement performance.
Participants will begin with an overview of recently issued and upcoming Accounting Standards Updates (ASUs), including standards effective for December 31, 2026 year-ends for public companies, private entities, and not-for-profit organizations. The course also highlights issued ASUs with future effective dates and provides high-level insight into recent exposure drafts to support implementation planning.
The course then shifts to auditing and attestation developments, including the next phase of quality management with a focus on monitoring and remediation requirements. Participants will also review recent and proposed standards affecting audit, attestation, and consulting engagements, including SSAE No. 24, SSARS No. 26, exposure drafts related to confirmations and fraud, and SAS No. 149 addressing group audits.
Designed for preparers, auditors, and firm professionals, this course helps participants understand how recent accounting and auditing changes intersect-and what to watch for as standards and expectations continue to evolve.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objective
After attending this presentation, you will be able to... • Recall effective dates for recently issued accounting and auditing standards. • Recognize the impact of recently issued ASUs on financial reporting. • Identify proposed changes to financial reporting included in recent FASB exposure drafts. • Recognize the impact of recent AICPA standards and proposals on audit and attestation engagements. • Identify key quality management requirements related to monitoring and remediation. • Recognize the impact of recent standards on group audits and attestation engagements.
Advanced Preparation
None
Required Knowledge
Prior experience with nonprofit or government accounting or auditing
Who Should Attend
Accountants and Auditors
Credit Types
- CPE – Accounting, CPE – Auditing
- Yellowbook
Registration Fees
| Registration | Type | Price |
|---|---|---|
| WRX78526: Registration – Member | Mem | $165 |
| WRX78526: Registration – Non-Member | NM | $325 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.