Audit Risk Alert: General Accounting and Auditing Developments 2019/2020
Look inside TOC

Accounting › Auditing / Forensic Accounting

Audit Risk Alert: General Accounting and Auditing Developments 2019/2020

By AICPA
John Wiley & Sons February 2020

Specifications

ISBN-13
9781948306904
Publisher
John Wiley & Sons
Publication
February 2020
Format
Paperback , 96 pages
Jurisdiction
U.S. ? Countri(es) for reference only

Details

This alert provides auditors with an overview of recent economic, industry, technical, regulatory, and professional developments that may affect how auditors conduct audits and other engagements. An entity’s internal management can also use this alert to address areas of audit concern.

Updates include:

  • Economic and Industry Developments
  • Legislative and Regulatory Developments
  • Audit and Attestation Issues and Developments
  • Revenue Recognition
  • New Lease Standard
  • Accounting for Financial Instruments
  • Recent AICPA Independence and Developments   

Table of Contents

  1. How This Alert Helps You 01-03
  2. Economic and Industry Developments  04-08
  3. The Current Economy  04-05
  4. Key Economic Indicators  06-08
  5. Legislative and Regulatory Developments   09-37
  6. Inspections of Broker-Dealer 09-37
  7. Audit and Attestation Issues and Developments 38-119
  8. The AICPA Enhancing Audit Quality Initiative 38-49
  9. Cybersecurity   50-51
  10. Auditing Standards Board 52-87
  11. Accounting and Review Services Committee 88-96
  12. The Public Company Accounting Oversight Board  97-106
  13. Developments in Peer Review   107
  14. Common Peer Review Findings  108-119
  15. Attestation Clarity Project  120-127
  16. Restructuring the Attestation Standards   124-127
  17. Revenue Recognition 128-163
  18. Overview 128-130
  19. Effective or Applicability Date   131-132
  20. Overview of the New Guidance 133-135
  21. Understanding the Five-Step Process 136-147
  22. Additional Guidance Under the New Standard 148-149
  23. Transition Resource Group 150-151
  24. Latest Developments   152-162
  25. Conclusion 163
  26. New Leases Standard Will Change Financial Statement
  27. Presentation   164-193
  28. Issuance and Objective 164-165
  29. Applicability and Effective Date  166-167
  30. Main Provisions  168-178
  31. Lessee Accounting 179-185
  32. Lessor Accounting 186-190
  33. Sale and Leaseback Transactions  191-192
  34. Leveraged Lease Arrangements  193
  35. Accounting for Financial Instruments  194-217
  36. Overview 194-195
  37. Applicability and Effective Date  196-199
  38. Impairment 200-214
  39. Hedge Accounting 215-216
  40. Conclusion 217
  41. Other Accounting Issues and Developments  218-323
  42. Income Taxes   219-223
  43. Consolidation  224-231
  44. Restricted Cash  232-236
  45. Business Combinations 237-246
  46. Simplifying the Test for Goodwill Impairment 247-256
  47. Other Income   257-271
  48. Retirement Benefits 272-277
  49. Nonrefundable Fees and Other Costs 278-284
  50. Stock Compensation   285-292
  51. Service Concession Arrangements  293-303
  52. Financial Instruments With Characteristics of Liabilities
  53. and Equity  304-312
  54. Financial Instruments With Characteristics of Liabilities
  55. and Equity  313-323
  56. Recent Pronouncements at a Glance  324-326
  57. Recent Auditing and Attestation Pronouncements
  58. and Guidance 324
  59. Recent Accounting and Financial Reporting Guidance 325
  60. Recently Issued Technical Questions and Answers   326
  61. Recent AICPA Independence and Ethics Developments 327-356
  62. AICPA Conceptual Frameworks Toolkits   327-328
  63. Definition of a Client   329
  64. New Independence Interpretation—Hosting Services 330-356
  65. On the Horizon   357-392
  66. Auditing and Attestation Pipeline—Nonissuers 359-362
  67. Auditing and Attestation Pipeline—Issuers  363-370
  68. Accounting and Financial Reporting Pipeline 371-382
  69. Independence and Ethics Pipeline  383-392
  70. Resource Central  393-409
  71. Publications   394
  72. Continuing Professional Education  395-398
  73. Webcasts 399
  74. Member Service Center 400
  75. Hotlines  401-408
  76. Industry Websites 409

About the Author

The American Institute of CPAs (AICPA) is the world's largest member association representing the CPA profession, with more than 429,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education, and consulting. The AICPA sets ethical standards for its members and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA examination, offers specialized credentials, builds the pipeline of future talent and drives professional competency development to advance the vitality, relevance and quality of the procession.

HKD 590.00

Inclusive of HK delivery

Ready to ship
Delivery Time: around 4-5 weeks
Extra 10 working days if shipping address outside Hong Kong
  • Free HK shipping over HK$1,000
  • International shipping to 35+ countries
Order Form
Save

Recommended

You may also be interested in these books:

More titles from Auditing / Forensic Accounting

View all
Auditor's Risk Management Guide: Integrating Auditing and ERM (2013)
CCH U.S.

Auditor's Risk Management Guide: Integrating Auditing and ERM (2013)

Paul J. Sobel
HKD 2,696.60
Accounting, Auditing and Governance for Takaful Operations
John Wiley & Sons

Accounting, Auditing and Governance for Takaful Operations

Sheila Nu Nu Htay; Mohamed Arif; Younes Soualhi; Hanna Rabittah Zaharin; Ibrahim Shaugee
HKD 700.00
Auditing and Reporting 2013-14
Wolters Kluwer U.K. (formerly CCH)

Auditing and Reporting 2013-14

HKD 1,047.60
Forensic Accountancy, 3rd Edition
LexisNexis Hong Kong

Forensic Accountancy, 3rd Edition

Benny KB Kwok
HKD 900.00
Efficient Auditing of Private Companies (2010-11 edition)
Wolters Kluwer U.K. (formerly CCH)

Efficient Auditing of Private Companies (2010-11 edition)

SWAT UK Ltd
HKD 1,057.30
Auditing and Reporting 2012-13
Wolters Kluwer U.K. (formerly CCH)

Auditing and Reporting 2012-13

Julia Penny
HKD 1,047.60