Accounting and Auditing Update & Preparation, Compilation, and Review Engagements Update

  • Monday, October 21, 2019

    8:30am – 4:30pm
    (Registration: 8:00am)
  • Sheraton Wilmington South

    365 Airport Road
    New Castle, DE 19720
  • 8
    Accounting & Auditing

Accounting and Auditing Update (Morning Session)

Keep abreast of the fast-paced changes in accounting and auditing. This comprehensive course covers relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting and auditing arenas. Let us sort through the complexities and help you identify and apply recently issued FASB and ASB standards and guidance. With the rate of change in today’s regulatory environment, you must stay current on the topics impacting the profession. Don’t get left behind!

Preparation, Compilation, and Review Engagements Update (Afternoon Session)

If you supervise preparation, compilation, and review engagements, this course will help you comply with the professional standards by informing you of the latest developments and issues relevant to these engagements. Learn about the U.S. business economy, peer review, FASB updates, International Financial Reporting Standards, and other areas affecting preparation, compilation, and review engagements.


  • Identify recently issued FASB standards and guidance.
  • Recognize the effect of recently issued auditing and attestation standards.
  • Identify key concepts related to exposure drafts and other projects in accounting and auditing.
  • Identify key economic factors and accountant’s responsibility for fraud.
  • Recognize recent SSARSs, accounting, and reporting developments.
  • Identify the professional standards and risk factors relevant to the performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information.
  • Highlights

  • Recently issued accounting and auditing guidance, including an update on financial instruments, leases, and revenue recognition
  • Projects on the horizon from the ASB and PCAOB
  • Overview of preparation, compilation, and review guidance
  • Accounting and reporting issues
  • Current practice issues
  • Common deficiencies in peer reviews
  • Current and future standard setting projects  
  • Additional Information

    Designed For

    CPAs in public practice who want to remain up-to-date on accounting and auditing pronouncements and CPA firm seniors (and above) managing engagements performed in accordance with SSARS


    American Institute of CPAs

    Advanced Preparation



    8.00 Accounting and Auditing


    Experience in accounting and auditing and experience with engagements performed in accordance with SSARS


    Gary Bulmash

    Course Number


    Level of Knowledge


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