Annual Accounting & Auditing Update
During this session, Trevor Brown and Mimi Grachek discussed recently issued or effective authoritative literature along with current accounting and auditing issues impacting organizations today. They explained changes to date made by the Financial Accounting Standards Board, Auditing Standards Board, and Governmental Accounting Standards Board.
In particular, Brown and Grachek discussed changes related to supplier finance program obligations, common control arrangements, joint venture formations, crypto assets, risk assessment process, and information technology controls, among many other…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.