General Accounting and Auditing Developments, 2015/16: Audit Risk Alert

ISBN-13: 9781943546121 / Angielski / Miękka / 2017 / 64 str.

AICPA

Opis

This useful resource contains a description of all recent auditing, accounting and regulatory developments, and ensures you have a robust understanding of the business, economic, and regulatory environments in which you and your clients operate. In addition, this alert ensures you have a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect your engagements, including:

• Recent Economic Trends
• Recent Legislative and PCAOB Developments
• FASB exposure drafts
• Committee of Sponsoring Organizations of the Treadway Commission (COSO)
• ARSC Clarity Project, including the newly issued AICPA SSARS No. 21 Standard
• AICPA Ethics Codification Project

It also contains new accounting and auditing guidance related to derivatives and hedging, service concession agreements, discontinued operations, stock compensation, and more. Key Benefits:

• Get an understanding of the new AICPA ethics codification project
• Get an understanding of the new PCAOB requirements for Broker Dealers
• Discussion of Revenue Recognition Standard
• Discussion of recent PCC alternatives
• Get an understanding of the new COSO Framework

Updates:

• Audit Quality Initiative
• SSARS Clarity Project
• Statement on Auditing Standards No. 129
• ASB Going Concern Interpretations

Who Will Benefit:

• All auditors as new accounting guidance is discussed

O autorze

Founded in 1887, the American Institute of Certified Public Accountants (AICPA) represents the CPA and accounting profession nationally and globally regarding rule–making and standard–setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the accounting profession′s technical and ethical standards.

The AICPA′s founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, a licensing status and a commitment to serving the public interest.