Audits and Financial Statements in Uncertain Times Webcast

Sep 30
12:30 - 4:00 p.m.

Online

2-A&A; 2-A&A
CPE Credits

Discuss the key standards and considerations related to remote audits and preparing and reviewing financial statements and disclosures. Get in-depth and practical applications. Cover how the work of CPAs will change during and after the coronavirus outbreak.
Highlights
  • Achieving a high-quality audit in a remote working environment
  • Reconsidering engagement basics and critically evaluating risk assessment
  • Other challenging audit issues, including auditing inventory, performing analytical procedures, changes to the internal control systems, heightened fraud risk factors, evaluating subsequent events, considering going concern, assessing the impact on the auditors’ report
  • FASB activity, including revenue recognition challenges, lease accounting and modification, debt and related issues, CECL for nonfinancial service companies, and equity investments and consolidation
  • Technology issues, including cloud computing, hosting arrangements, and cryptocurrency
  • Government loans and grants, including employee termination benefits and Families First Coronavirus Response Act benefits
  • Going concern analysis, liquidation of basis accounting, and subsequent events

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. 777906

Level: Update

Prerequisites: None

Notes
This is a four-credit seminar.

Speaker(s)

Allison Henry

Vice President - Professional & Technical Standard
Pennsylvania Institute of CPAs