This course informs the reader of the various changes affecting accounting, compilation and review, and auditing engagements as well as a review and recall of existing standards. Topics include a summary of newly issued FASB statements, new statements issued by the Auditing Standards Board, changes in compilation and review, current and pending developments, practice issues, and more. Also included is discussion of accounting and financial reporting for COVID-19, the CARES Act, and PPP loans.
Course No. F060
Instructional Delivery Method: QAS Self-Study
Format: Online pdf (631 pages). Printed book available.
Purchase the Optional Printed Book
Prerequisites: Basic understanding of U.S. GAAP, compilation and review, and auditing standards
CPE Credit: 24 Hrs. (16 Hrs. Accounting, 8 Hrs. Auditing)
Field of Study: Accounting/Auditing
Course expiration: You have one year from date of purchase to complete the course.
Course Revision Date: May 2021