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Each year accountants and auditors must implement numerous updates to accounting standards/requirements outlined by the AICPA, FASB, COSO, PCAOB, SEC and others. The quarterly updates provided by Illumeo.com will provide an overview of the most significant pronouncements, standards and advisories that have resulted from actions of these bodies.
The following information related to Q1 2020 activity has been gathered from leading source economic publications.

Note: With the impact of COVID-19 and its unprecedented implications on our personal lives and businesses, much of this update will cover actions taken by regulatory bodies related to information important to accounting professionals. The information is in no way reflective of any political or personal views by the speaker or Illumeo.com. Information is provided as an insight to the risks that companies must be aware of.

Learning Objectives

  • Explore Economic update and COVID impacts.
  • Recognize Recent FASB updates and COVID considerations.
  • Identify Emergency Aid Package overview.
  • Discover SEC activities and COVID considerations.
  • Explore AICPA update.
  • Explore Cybersecurity update.
Last updated/reviewed: June 22, 2020

5 Reviews (20 ratings)Reviews

5
Anonymous Author
This is a great presentation to provide a current update on key accounting and auditing organizations and the impact COVID 19 has had on these groups.
4
Member's Profile
This is a very informative course on the 22nd quarter 2020 economic situation, and SEC, FASB and AICPA response to COVID-19. Very thorough,
5
Anonymous Author
I always enjoy this instructor's courses. She is very knowledgeable and provides good examples. Her courses are easy to follow.
5
Anonymous Author
Good overview of the new information and guidance. Very timely and relevant information for all CPAs.
4
Anonymous Author
I enjoyed the course and found it very informative.

Prerequisites

Course Complexity: Intermediate

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 .
Course Syllabus
INTRODUCTION AND OVERVIEW
  2:13Introduction to Q1 2020 Technical Accounting Update
  10:12Economic Update
  7:31FASB Update
  5:12FASB Tutorial
  13:32SEC Update
  8:14SEC Site View
  11:23Emergency Aid Package
  5:24AICPA
  2:10Summary
CONTINUOUS PLAY
  1:05:48Q1 2020 Technical Accounting Update
SUPPORTING MATERIAL
  PDFSlides: Q1 2020 Technical Accounting Update
  PDFQ1 2020 Technical Accounting Update Glossary/ Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM