- Credits: 2
- Format: Self-Study eBook
- Field of Study: Accounting
- Author/ Speaker: Lanford Publishing
|Course ID:||Advanced Preparation:||Experience Level:|
|Published Date:||Program Prerequisites:||Other Course Formats:|
|© March 2020||General Understanding of Taxes||eBook | Self-Study|
With the complexity of a fast-paced business environment and continued emphasis by regulators on preventing and detecting improper financial reporting, it is important that CPAs remain current regarding the accounting guidance and regulations affecting their daily functions and professional responsibilities.
This course will consider several areas of accounting and auditing guidance and resources. The FASB’s Accounting Standards Codification is the source of U.S. GAAP to be applied to nongovernmental entities. The content and organization of the Codification will be reviewed in order for CPAs to effectively access and research the proper accounting standards. The sections of the Sarbanes-Oxley Act addressing oversight, the Public Company Accounting Oversight Board and internal controls over financial reporting will be reviewed along with the auditing standards issued by the PCAOB. The activities of the Private Company Council and the guidance issued by the Council will also be outlined.
Who Should Attend:
- All Certified Public Accountants (CPAs)
Qualifies and approved with all state boards of accountancy and the following sponsorships: