To start the new year, Brad provides a recap of accounting and auditing standards and updates from 2024.
HIGHLIGHTS
- New Statements on Auditing Standards (SASs) that became effective and will become effective
- AICPA Professional Ethics Executive Committee (PEEC) activity on independence
- Exposure draft on consulting services and preparation of financial statements
- Four new Auditing Standards Updates (ASUs)
- Significant Public Company Accounting Oversight Board (PCAOB) activity
- New quality management standards
PREREQUISITES
None
ADVANCE PREPARATION
None