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 Q2 of 2022 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.
2022 continues to be a challenging year from both a business and economic outlook:
- Inflation continues to rise
- Political unrest continues its instability
- National border issues threaten health and safety of U.S. citizens
- Food prices and supply chain issues still exist
- Supreme Court rulings are testing voters
Learning Objectives
- Identify and overview of the status of the economy as of end of Q2 2022.
- Recognize and evaluate the economic uncertainty impact on accounting.
- Explore and examine FASB Q2 activities.
- Discover and examine SEC Q2 activities.
- Discover and examine Sustainability Board Q2 activities.
- Explore and examine PCAOB Q2 activities.
Last updated/reviewed: March 4, 2024
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Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
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
.
Lynn FountainCPA, CGMA, CRMA, MBA, cPIA, Consultant, Author, Trainer