Current Issues in Accounting and Auditing: An Annual Update

Description

Designed for accounting, auditing, and attestation practitioners at all levels in public accounting and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards and reports issued over the past few years, including all 12 of the FASB ASUs issued in 2025 alone. We also will discuss the FASB’s Stage 3 PIR report on ASC 842, Leases, and identify the key takeaways from the report. This course also provides an overview of recent PCAOB standards updates and SEC rulemaking activity, as well as recent updates to the AICPA’s Independence Rule. Through hands-on examples and illustrations, this course will help you apply the guidance in practice. This is your one-stop shop for what you need to know in A&A for 2026. Note that we will not cover the updates to the Quality Management Standards (SQMS 1, 2, and 3) in this course.

Objective

Recall and apply recently issued and proposed FASB and AICPA pronouncements Understand the key findings of the FASB’s PIR report covering leases in ASC 842 Understand the main provisions of PCAOB AS 2310 and AS 1105 Identify other important A&A practice matters to be aware of Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material

Attendee Information

Jason Carney, CPA, PMP, CISA, Carl Shultz

Required Knowledge

Experience in accounting and attestation

Credit Types

CPE – Accounting, CPE – Auditing