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 Q3 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. 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.
Learning Objectives
- Explore and overview of the status of the economy as of end of Q3 2022.
- Identify and evaluate the economic uncertainty impact on accounting.
- Explore and examine FASB Q3 activities.
- Discover and examine SEC Q3 activities.
- Identify and examine PCAOB Q3 activities.
- 1. Expense Classification and Cost Allocation Accounting
- 2. Working Capital Management
- 3. The Controllership Series: Overhead, Direct and Indirect Costs and Allocation Methods
- 4. The Controllership Series: The Controllers Role in Pro Forma Financials
- 5. Adapting to the Engagement - Differentiating the Requirements of Preparations, Compilations, Reviews, and Audits
- 6. Accounting for Non-Current Assets in the Context of Both IAS 16 and 40
- 7. NFP Cash Flow Statements
- 8. U.S. GAAP vs. IFRS - Rev Rec & Business Combinations (Text Based Course)
- 9. Environmental, Social and Governance (ESG) Reporting for Accountants
- 10. Better Budgeting: The Budgeting Process
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Prerequisites
No advanced preparation or prerequisites are required for this course.