NASBA Field of Study
FASB accounting standards update
Audit and attestation updates
Preparation, compilation, and review engagement update; PCAOB Update
Private company financial reporting
FASB Exposure drafts and projects
The current environment and implications for audit planning
Understand recently issued FASB standards and guidance.
Recognize ongoing FASB projects in framework, recognition and measurement, and presentation and disclosure.
Assess the effect of recently issued auditing standards, attestation standards, and standards on accounting and review services.
Become familiar with exposure drafts and other projects in accounting, auditing, compilation, preparation, and review services.
Identify the recent development for non-audit services and issues related to non-audit financial reporting services that CPAs can provide.
CPAs who require a comprehensive review of recent accounting and auditing pronouncements