[WEB] Current Issues in Accounting and Auditing: An Annual Update

Description

Designed for accounting, auditing, and attestation practitioners at all levels in public accounting and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards and reports issued over the past few years, including all 12 of the FASB ASUs issued in 2025 alone. We also discuss the FASB's Stage 3 PIR report on ASC 842, Leases, and identify the key takeaways from the report. This course also provides an overview of recent PCAOB standards update and SEC rulemaking activity, as well as recent updates to the AICPA's independence Rule. Through hands-on examples and illustrations, this course will help you apply the guidance in practice. This is your one-stop shop for what you need to know in A&A for 2026

Highlights

• Recently issued but newly implemented Accounting Standards Updates (ASUs), the PCC Update, and items on the FASB's Technical Agenda
• New ASUs covering derivatives and hedging, government grants, and practical expedients and policy elections for credit losses under ASC 326 
• Results and findings of the FASB's Final (Stage 3) Post-Implementation Review (PIR) Report on Topic 842, Leases 
• Recently issued SASs and other AICPA activity through SAS No. 149  
• Other important A&A practice matters

LINK AND INSTRUCTIONS TO COME FROM HSCPA ONE DAY PRIOR TO SESSION

Objectives

• Recall and apply recently issued and proposed FASB and AICPA pronouncements
• Understand the key findings of the FASB's PIR report covering leases in ASC 842 
• Understand the main provisions of PCAOB AS 2310 and AS 1105 
• Identify other important A&A practice matters to be aware of  
• Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material

Designed For

Accounting, auditing, and attestation practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters activities