Current Issues in Accounting and Auditing: An Annual Update (AAU4)

Designed for accounting, auditing, and attestation practitioners at all levels in public accounting and business and industry, this course provides a detailed review of the multitude of FASB and AICPA standards and reports issued over the past few years, including all 12 of the FASB ASUs issued in 2025 alone. We also will discuss the FASB’s Stage 3 PIR report on ASC 842, Leases, and identify the key takeaways from the report. This course also provides an overview of recent PCAOB standards updates and SEC rulemaking activity, as well as recent updates to the AICPA’s Independence Rule. Through hands-on examples and illustrations, this course will help you apply the guidance in practice. This is your one-stop shop for what you need to know in A&A for 2026.

Note that we will not cover the updates to the Quality Management Standards (SQMS 1, 2, and 3) in this course.