Events Search
  Summary & Check Out (0)
Saturday, May 14, 2022 Live Webcast

Annual Accounting and Auditing Update Webinar (X1-ACAU-2022-01-WEBNR-134-01)

9:00 AM - 5:00 PM EDT
webcast

Vendor Platform

8.0 CPE Credits in AA

OVERVIEW

Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a comprehensive review of recent standard setting activities of the FASB and AICPA. In addition to providing a status update on implementation of Topic 842, Leases, this course will bring you up to date on FASB and AICPA standards issued over the past few years. The course also provides many hands-on examples and illustrations to help you apply the guidance in practice. In addition to a financial accounting update, the course will discuss what you will need to do differently as you adopt new audit standards 134-145 over the next few years, including a detailed review of the new audit requirements under SAS 145 for performing an audit risk assessment. The course will also cover the key changes accountants will need to implement as they adopt SSARS No. 25 on their upcoming review, compilation, and preparation engagements. Lastly, the course reviews key trends in audit quality and peer review, including frequent peer review findings and what you can do to avoid them. In summary, the course is your go-to source for all things A&A and will prepare you for your upcoming engagements throughout the rest of the year.

DESIGNED FOR

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

BENEFITS

  • Apply the FASB and AICPA guidance on going concern accounting and reporting
  • Review and apply recently issued and proposed FASB and AICPA pronouncements
  • Understand SSARS No. 21 and related guidance relating to the preparation of financial statements and new guidance on compilations and reviews
  • Recall common audit quality issues and concerns
  • Be familiar with other important A&A practice matters you should be aware of
  • Utilize hands-on examples and illustrations to increase your overall understanding and application of the material

HIGHLIGHTS

  • Recently issued FASB Accounting Standards Updates, PCC Update and items on the FASB's Technical Agenda
  • Leases - Topic 842
  • Financial accounting and reporting considerations related to Going Concern
  • Recently issued SASs and other AICPA activity
  • SSARS No. 21, Clarification and Recodification and other recently issued SSARS
  • Peer review and other audit quality issues
  • Other important A&A practice matters

COURSE LEVEL

Update

PREREQUISITES

Experience in accounting and attestation

ADVANCE PREPARATION

None

INSTRUCTOR

Richard Daisley

Richard Daisley, CPA

Surgent Professional Education

Rich Daisley brings over 30 years of experience in the accounting and auditing field to his role as an instructor with Surgent. Prior to Surgent, Mr. Daisley spent 20 years at PwC as an assurance senior manager. During his tenure there, he was first in PwC’s assurance practice and then, PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. ---- Rich is Vice President of Accounting and Auditing Curriculum at Surgent CPE. He is a CPA and has over 30 years of experience in the accounting and auditing field. He has worked in both the client service setting as well as in internal capacities as a facilitator of accounting and auditing courses. He was an assurance manager with PwC, spending time in both the assurance practice as well as with PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. Rich also worked in PECO Energy’s Merger and Acquisition group, where he performed financial due diligence that supported PECO’s acquisition activity in the energy sector. He has experience in the manufacturing, health care, energy, and pharmaceutical industries. Prior to joining Surgent, Rich also has more than 10 years of experience as a course developer and facilitator, creating and leading training courses on such topics as revenue recognition, stock based compensation, equity instruments and performing integrated audits under the Sarbanes-Oxley legislation. He also designed and delivered courses on instructor development and facilitation skills to senior PwC internal course instructors. In 2015 he joined Surgent as Director, Accounting & Financial Reporting Content. In this role, he manages Surgent’s A&A curriculum, including researching and developing the technical content for Surgent’s Accounting and Financial Reporting curriculum.