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Professional Practice Update (PPU)

 

This course is for all CPAs who prepare, analyze, compile review or audit financial statements presented in accordance with US GAAP or a special purpose framework (e.g. income tax basis of accounting)

 

It provides an excellent overview of professional developments changes and proposals in the accounting, auditing, preparation, compilation and review areas.

 

It is a valuable tool for keeping the practitioner current and in focus with developments in the accounting profession. 

 

The course reviews current changes to authoritative literature as well as expected future developments - e.g. finalizes Accounting Standards Updates (ASUs) and proposed ASUs still pending finalization.

 

The course leaves the accountant with state-of-the-art information  that is essential for success in the rapidly changing accounting world.

 

It incorporates the activities of the newly–created Private Company Council (PCC) and how it has had as impact on recent accounting pronouncements.

 

 

Category: Financial Statement Involvement