199: A&A Update with Brad Muniz – 8/8/23

Frank joins Brad to discuss the results of a recent FASB Private Company Council meeting; the results of the PCAOB’s “absolutely unacceptable” findings on audit quality; and AICPA guidance on accounting for digital assets. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. *** Resources:Recap of FASB Private Company Council June meetingPCOAB Report: Audits with Deficiencies Rose for Second Year in a RowA taxonomy for classifying digital assetsAccounting & Auditing Knowledge HubJoin the Accounting & Auditing Standards Interest Group