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Course Details

Audit And Attest Standards Update And Hot Topics In 2016

Webinar: ID# 1022893
Recorded CD
Qty:
About This Course:
Many financial statement preparers find it challenging to keep up with all of the latest accounting standards.

This webinar helps the persons responsible for preparation of financial statements to understand some of the key changes in the accounting standards and how this will effect preparation of financial statements for 2016.

Practitioners who perform compilation and review engagements should be aware of the latest standard, SSARS No. 19. We will cover the key aspects of this new standard, including the new preparation standard and some implementation issues that have arisen.

Auditors also sometimes struggle with how to perform a risk assessment in an audit and how that assessment affects their audit procedures. This course covers some key audit issues including considerations when performing initial audits as well as the importance of risk assessment in an audit.

Agenda

Recently Issued Accounting Standards Updates
  • FASB ASUs Issued in 2016
  • Standards Issued by and Current Projects of the Private Company Council
Compilation and Review Update
  • SSARS 19 Implementation Issues
  • The New Preparation Service
Audit and Attest Update
  • SSAE No. 18
  • Recently Issued Auditing Standards
  • The Importance of Risk Assessment in an Audit
  • Special Issues Related to Initial Audits
About The Presenter

Kristy L. Illuzzi, CPA, CGMA
  • Senior technical manager for the AICPA’s Center for Plain English Accounting, which provides national office resources for member accounting firms
  • Writes monthly reports involving new accounting and auditing issues and developments for our members
  • Answers complex A&A technical inquiries sent by our members on a daily basis
  • Speaks at various conferences and seminars on accounting and auditing issues and hot topics, including several AICPA national conferences
  • Published several articles in the Journal of Accountancy on A&A issues
  • Worked on Fortune 500 clients as well as in the not-for-profit industry in the audit practices of Arthur Andersen and Grant Thornton
  • Member of the NCACPA and the AICPA
  • B.S. degree in Accounting, SUNY Albany
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Audit And Attest Standards Update And Hot Topics In 2016
Available on CD format
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