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Surgent's Update on Recent AICPA Standard Setting: Staying Current in a Changing Environment (USS4)

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$65.00 Regular Registration
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$68.25 Regular Registration
Designed For:

Accounting and auditing practitioners at all levels desiring to stay current on AICPA professional standards

Prerequisite:

Experience in accounting and auditing

Professional standards are changing with the times and the desire of the AICPA to move the profession into a new era where use of data analytics and artificial intelligence will play a key role in an audit. We are seeing changes already as the AICPA has recently issued standards that significantly modify the form of the independent auditor's report. In addition, its Omnibus standard modifies several professional standards including those on related parties, consideration of fraud and the auditor's communication to those charged with governance. The new auditing standard on employee benefit plan audits makes significant changes in the auditor's report as well as other aspects of an employee benefit plan audit.

Further, recently issued Statements on Standards for Accounting and Review Services (SSARS) have addressed the consideration of going concern and other significant issues. In addition, the AICPA has proposed a new SSARS that will conform its standards with international standards for such engagements. The AICPA has also recently issued new Statements on Standards for Attestation Engagements on Agreed-Upon Procedures and materiality. Clearly, with regard to professional standards, the only constant is change.

This course will review recently issued SASs and SSARS and provide both insights into the new standards including how to best implement them.


Delivery Method: Download
CPE Credit: Auditing
Program Level: Intermediate

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

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The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.