2024 MSCPA Annual Convention: Details

A&A Update for Closely Held Businesses 2024

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Friday, June 21, 2024 @ 10:00am 1:30pm
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Description

This course is designed for the accounting and auditing professional who provides attestation services to closely held businesses. The course reviews recent standard-setting activities of the Financial Accounting Standards Board (FASB) and the AICPA, specifically focusing on those standards having the most significant impact on closely held non-public business entities. The course also discusses adopting the latest audit standards, including the new audit risk assessment requirements.

Prerequisites

Experience in accounting and attestation engagements.

Highlights

• Recently issued FASB Accounting Standards Updates, including those that will become effective during audit engagements conducted in 2024 • Recently issued Statements on Auditing Standards and other AICPA activity • Recently issued Statements on Standards for Accounting and Review Services

Objectives

• Review and apply recently issued financial accounting and auditing standards • Understand the broad financial accounting topics that impact closely held businesses

Preparation

None

Credits

Category Amount
Accounting&Auditing 6.00