Lease accounting under FASB ASC 842 is now fully effective for all entities. Transitioning to new GAAP always leads to implementation issues and concerns. This course will answer the most common questions asked related to the latest lease accounting and financial reporting requirements after adoption and transition.
DESIGNED FOR
Financial Professionals Accountants Auditors Management (CEO, CFO, Board)
BENEFITS
- Define artificial intelligence and explain how AI technologies are used in audit and financial reporting
- Explore frameworks for Artificial Intelligence adoption
- Identify key areas where AI can enhance audit procedures, risk assessment, and financial analysis
- Examine an audit checklist of procedures to use when evaluation artificial intelligence
- Identify applications for artificial intelligence in financial reporting
- Examine a case scenario for an artificial intelligence risk assessment
- Examine a case scenario that includes developing an artificial intelligence risk heat map
HIGHLIGHTS
- Artificial Intelligence
- Audit
- Financial Reporting
PREREQUISITES
None
ADVANCE PREPARATION
None