NOTE: THIS RECORDING IS FROM THE ACTUAL LIVE QUARTERLY UPDATE. WHILE VIEWING ON-DEMAND, YOU WILL NOT BE ABLE TO ANSWER THE POLLING QUESTIONS BUT YOU WILL BE ABLE TO SEE THE RESPONSES OF THOSE WHO ATTENDED THE LIVE SESSION.

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 Q1 2024 as well as trending areas important to the accounting profession.

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.

Learning Objectives
  • Discover Q4 2024 Economic Overview.
  • Explore AICPA Q3 2024 Business and Industry Economic Survey.
  • Recognize and review key accounting impacts Q4 2024.
  • Discover FASB update.
  • identify SEC Rules update.
Last updated/reviewed: March 23, 2025
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction and Agenda3:40
  Economic Overview15:36
  AICPA Q4 2024 Business and Industry Economic Survey11:16
  Key Accounting Impacts Q4 20245:59
  FASB and SEC Rules Update13:52
  PCAOB Summary of Activity2:36
  Summary1:33
CONTINUOUS PLAY
  Economic and Technical Accounting Update Q4 202454:32
SUPPORTING MATERIAL
  Slides: Economic and Technical Accounting Update Q4 2024PDF
  Economic and Technical Accounting Update Q4 2024 GlossaryPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam