Steven C. Fustolo, CPA

CPE: 4 CPEs (2 Accounting, 2 Auditing)

Thursday, September 22, 2022
1:00-4:30pm Eastern Time (US and Canada)

The objective of this course is to address key changes affecting accounting, compilation and review, and auditing engagements, as well as a review of selected other developments. The focus is on standards that affect year 2022 and beyond.

Topics Include:

  • Learn how to implement the new lease standard on January 1, 2022 and approaches to avoid the lease standard - IMPORTANT
  • Learn the Pass-Through Entity (PTE) Tax election accounting and disclosures issues NEW
  • Discuss the Employee Retention Credit (ERC) accounting issues including new ASU 2021-10 disclosures - NEW
  • Discuss changes to the review engagement changes (including the review report) under newly issued SSARS No. 25
  • Review post- COVID-19 accounting, disclosure and reporting issues
  • Identify PPP loans and forgiveness affecting 2022- accounting, reporting and disclosure issues
  • Small business LIFO using the external index – in an inflationary market. NEW
  • Review the new auditor’s report, and other auditing reporting standards found in SAS Nos. 134-141
  • Learn about private company accounting and practice issues, and more

Recommended CPEs: 4 hours
Field of study: Accounting (2 CPEs) and Auditing (2 CPEs)
Level of knowledge: Update
Prerequisites: General understanding of accounting, financial reporting, auditing and compilation and review standards recommended
Advance Preparation: None, but registrants are encouraged to review the handout material before participating in the live video conference Instructional
Method: Group Internet Based
Credits: 4.0 (Qualifies for Registry CPE credit based on a 50-minute per CPE hour measurement.)

Shopping Cart