


World’s Liveliest Accounting and Auditing Update
4 Credits: Accounting
2 Credits: Auditing
$590.00
Availability: 44 in stock
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)

World’s Liveliest Accounting and Auditing Update
Format
Conference
Course Level
Update
CPE Credits
4 Credits: Accounting
2 Credits: Auditing
Course Description
You don’t want to miss ‘Rocket’ Rod Redding’s presentation of accounting and auditing changes that have occurred during late 2020 and 2021. Rod consistently receives positive comments, including ‘Makes a dry topic interesting and relevant,’ and ‘Never thought I’d look forward to an A&A update, but I do Rod’s!’. Rod goes through changes issued by FASB, GASB, the PCAOB, and the AICPA, presenting interesting observations about the standards and leaving everyone glad they attended the course. Course topics will be updated on an ongoing basis.
Highlights include:
- Review of FASB’s and GASB’s Accounting Standards Updates (ASU) issued in 2020 and 2021
- Update on the current FASB and GASB projects
- A look at non-GAAP reporting issues
- Discussion of the role that Congress seems to be taking in accounting regulation
- New standards of the AICPA for audits, compilations, and reviews and new standards from the PCAOB for auditors of public companies and
- A look at the changes occurring at the Public Company Accounting Oversight Board
- The status of the Big Four in the US and Great Britain
- Other bits and pieces from around the accounting profession
Learning Objectives
Upon successful completion of this course, participants will be able to:
- Describe the key accounting changes prescribed in FASB’s 2020 and 2021 Accounting Standards and the GASB 2020 and 2021 standards
- Identify which of the ASUs are applicable to non-SEC entities (non-issuer) and which ASUs are SEC-related
- Discuss the controversy surrounding non-GAAP reporting
- Identify actions of the U.S. Congress that may affect the accounting profession
- List and briefly describe the projects underway that might affect the financial reporting of non-public entities (non-issuer, non-SEC)
- Cite changes in auditing, compilation, and review guidance for private and public companies
Course Specifics
21CMyrtleBeach-LE20226989
None
None
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
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Meet The Experts

Dr. Rod Redding received his PhD from Penn State University after working with Price Waterhouse and IBM. Presently, he presents seminars and webcasts and prepares self-study courses for Western CPE. He has over 30 years’ experience as a professor at universities such as the University of North Carolina, the University of Utah, Georgetown University, and Gettysburg College. He also has taught internationally at Kenyatta University in Kenya and the American University of Sharjah in the United Arab Emirates. Three different universities have given Dr. Redding awards for excellence in teaching. Dr. Redding holds a CPA certificate but has elected inactive …