This update provides an overview of the most significant pronouncements, standards and advisories that have resulted from actions of regulatory bodies. We focus on the most significant issues that impacted the economy, accounting and auditing profession in Q4 of 2022 as well as trending areas important to the accounting profession. We also review statistics related to the economy and how it impacts the accounting professions.

These updates are provided by Illumeo as a benefit to professionals to help understand some of the most prevalent issues that may need to be focused on in the coming months. Information for this presentation is taken from leading practice publications and does not reflect the opinion of Illumeo or the speaker.

Course Key Concepts: Accounting update, Technical accounting update, Q3 Accounting update.