Annual Accounting & Auditing Update

During this session, Trevor Brown and Mimi Grachek discussed recently issued or effective authoritative literature along with current accounting and auditing issues impacting organizations today. They explained changes to date made by the Financial Accounting Standards Board, Auditing Standards Board, and Governmental Accounting Standards Board. In particular, Brown and Grachek discussed changes related to supplier finance program obligations, common control arrangements, joint venture formations, crypto assets, risk assessment process, and information technology controls, among many other changes. The PYA thought leaders also provided timelines for effective dates for the updates, discussed immediate and future impacts of the changes, and offered an outlook on upcoming changes. Describe accounting, auditing, and other attest issues important to the industry Share best practices for complying with professional, technical, and regulatory requirements related to common accounting and auditing issues faced by public and industry accountants Apply examples and illustrations to "real-life" circumstances PYA is pleased to announce its third annual Summer CPE Symposium: "Hot Topics in Healthcare," June 20-21, a complimentary virtual learning opportunity for healthcare leaders and other professionals. Over two days, PYA thought leaders will present four sessions on trending topics and provide key takeaways and helpful tools for attendees. The 2024 symposium offers two sessions each day for a total of four opportunities to learn from a team of PYA experts on topics related to reimbursement, healthcare compliance, audit and accounting, and cybersecurity.