165: A&A Update with Brad Muniz – 1/10/23

Get an update on FASB’s new ASU on insurance – transition for sold contracts, as well as recent FASB determinations regarding crypto assets. This episode also covers AICPA quality management standards and PCAOB’s access to audit firms in China. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:FASB ASU 2022-05 – Financial Services – Insurance (Topic 944): Transition for Sold ContractsFASB Project Update: Accounting for and Disclosure of Crypto AssetsPCAOB Secures Complete Access to Inspect, Investigate Chinese Firms for First Time in HistoryAccounting & Auditing Knowledge HubJoin the NJCPA Accounting & Auditing Standards Interest Group