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2025 Accounting and auditing update
July 17, 2025 @ 1:00 pm – 2:00 pm EDT
This program reviews new and recently issued FASB pronouncements that impact Accounting and Audit issues and requirements for 2024, 2025 and future years. Engagement letters, changes to reporting formats, disclosure requirements, and engagement administration matters are presented. Issues include revenue recognition, financial instruments, leases, and Quality Management (QM). A review of the AICPA’s Code of Professional Conduct with its changes for those in public accounting, in business, and others is presented for changes and updates for the profession including NOCLAR. New standards for attestation, and audit engagements are examined for current and future applications.
Upon successful completion of this course, participants will be able to:
- Recognize the FASB pronouncements that impact private companies that come from the FASB and the Private Companies Council for 2025.
- To recognize GAAP and GAAS pronouncements that impact changes for engagements regarding reporting formats, engagement letters, and disclosure issues currently needed.
- To identify updates on Auditing Standards from the AICPA’s Auditing Standards Board (ASB).
- To identify other related audit and accounting issues from the FASB and the AICPA of a timely nature.
Delivery Method: Group Internet
Course Level: Basic
Field of Study: Accounting and Auditing
Prerequisites: None
This course is approved for 1 CPE credit. Please note that CPE credits are only available for live attendance (on-demand viewing is not eligible).
