Current Issues in Accounting and Auditing: An Annual Update
4.00 Credits
Member Price $150.00
Price will increase by $25 after 10/14
Non-Member Price $200.00
Price will increase by $25 after 10/14
Overview
MISSOULA CLUSTER CLASS
Designed for accounting and attestation practitioners at all level in both public and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards issued over the past few years. The course also provides many hands-on examples and illustrations to help apply the guidance in practice and discusses other important A&A practice matters to be aware of, including an update on peer review and audit quality.This course also has a VIRTUAL option. Please see 'MTCPA Webcasts' tab on the CPE page.
HOTEL
MTCPA has a room block at the DoubleTree by Hilton Missoula-Edgewater on 11/2-3/2025-. Please reference "Montana Society of CPAs Cluster Classes" when calling to book. 406-728-3100. Standard Room: $169 + tax. Rate available until 10/12/2025.
Highlights
- Recently issued but newly implemented Accounting Standards Updates (ASUs), the PCC Update, and items on the FASB's Technical Agenda
- New ASUs covering common control leases, crypto assets (e.g., cryptocurrency) and income tax disclosures
- Leases -- Topic 842
- Recently issued SASs and other AICPA activity through SAS No. 149
- Detailed review of SAS No. 145
- Other important A&A practice matters
Prerequisites
Experience in accounting and attestation
Designed For
Accounting and attestation praactitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities.
Objectives
After attending this course you will be able to . . .
- Recall and apply recently issued and proposed FASB and AICPA pronouncements
- Recall and apply guidance from ASC Topic 842, Leases
- Understand the main provisions of SASs No. 145 to No. 149
- Identify other important A&A practice matters to be aware of
- Utilize hands-on examples and illustrations to demonstrate an overall understanding and application of the material
Preparation
None
Leader(s):
Leader Bios
Thomas Sheets, Thomas M Sheets PC
Thomas M. Sheets, CPA Individual Practitioner/Enid, Oklahoma Tom Sheets is a Certified Public Accountant with over 34 years experience in auditing, accounting and tax return preparation for businesses and individuals. He provides consulting, accounting and tax services for a wide variety of individual clients and industries including banks, construction contractors, and non-profit organizations. Mr. Sheets was with a Big Eight accounting firm for 2 years; a large, local CPA firm in Enid, Oklahoma for 15 years before establishing his own consulting, tax and accounting practice eighteen years ago. Mr. Sheets has written seminars on bank auditing, audits of construction contractors and information systems control and auditing. He has lead seminars on various accounting, auditing and tax topics including compilation and review, real estate accounting, construction contractors, bank auditing, and tax issues for nonprofit organizations.
Non-Member Price $200.00
Member Price $150.00