General Accounting and Auditing Developments, 2015/16

This useful resource contains a description of all recent auditing, accounting and regulatory developments, and ensures you have a robust understanding of the business, economic, and regulatory environments in which you and your clients operate. In addition, this alert ensures you have a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect your engagements, including: Recent Economic TrendsRecent Legislative and PCAOB DevelopmentsFASB exposure draftsCommittee of Sponsoring Organizations of the Treadway Commission (COSO)ARSC Clarity Project, including the newly issued AICPA SSARS No. 21 StandardAICPA Ethics Codification Project It also contains new accounting and auditing guidance related to derivatives and hedging, service concession agreements, discontinued operations, stock compensation, and more. Key Benefits: Get an understanding of the new AICPA ethics codification projectGet an understanding of the new PCAOB requirements for Broker DealersDiscussion of Revenue Recognition StandardDiscussion of recent PCC alternativesGet an understanding of the new COSO Framework Updates: Audit Quality InitiativeSSARS Clarity ProjectStatement on Auditing Standards No. 129ASB Going Concern Interpretations Who Will Benefit: All auditors as new accounting guidance is discussed