A&A Update for Closely Held Businesses 2024

Overview

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.

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

Prerequisites

Experience in accounting and attestation engagements.

Designed For

Accounting and auditing professional who provides attestation services to closely held businesses.

Objectives

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

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by the California Education Foundation (CalCPA). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.