Surgent's Accounting Hot Topics
Available Until
Self-study
2.00 Credits
Member Price $89.00
Non-Member Price $119.00
Overview
In addition to being experts on the nuts and bolts of accounting and auditing, experienced auditors must also be aware of the emerging trends in our industry, as well as those complex topics with which we don’t need to deal on an everyday basis. In this session, we’ll cover some of those emerging and challenging topics.
First, we’ll review technology hot trends and how they will likely impact your clients and how you will need to address them in your audit risk assessments and procedures. Next, as the FASB continues to implement more opportunities to value assets and liabilities at their fair value, we’ll review the accounting definition of fair value and how it’s determined. Lastly, we’ll review two areas that use fair value concepts pervasively, accounting for business combinations and asset impairment.
With a sound understanding of the basic accounting concepts related to these complex topics, auditors will be able to significantly enhance the level of services that they can provide to their clients. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 4.)
Highlights
- Technology trends and hot topics
- Fair value concepts
- Accounting for business combinations
- Asset impairment accounting
Prerequisites
Experience in accounting and attestation
Designed For
Accountants with several years in the auditing profession
Objectives
- Identify key technology trends and how they will be impacting the accounting profession
- Recall key provisions of ASC 820 related to fair value
- Identify key accounting considerations related to business combinations
- Identify accounting considerations related to asset impairment
Preparation
None
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education. The course expires one year from the purchase date. Format = text only download.
Non-Member Price $119.00
Member Price $89.00