NOTE: THIS RECORDING IS FROM THE ACTUAL LIVE QUARTERLY UPDATE. WHILE VIEWING ON-DEMAND, YOU WILL NOT BE ABLE TO ANSWER THE POLLING QUESTIONS BUT YOU WILL BE ABLE TO SEE THE RESPONSES OF THOSE WHO ATTENDED THE LIVE SESSION.

This update provides an overview of the most significant pronouncements, standards and advisories that have resulted from actions of regulatory bodies. We focus on the most significant issues that impacted the economy, accounting and auditing profession in Q1 2024 as well as trending areas important to the accounting profession.

These updates are provided by Illumeo as a benefit to professionals to help understand some of the most prevalent issues that may need to be focused on in the coming months.

Information for this presentation is taken from leading practice publications and does not reflect the opinion of Illumeo or the speaker.

Learning Objectives
  • Overview of the status of the economy as of July 2024.
    • Impact of recent political issues
    • AICPA Q2 survey on Business and Economic impacts
    • Q2 Key Accounting Impacts
    • SEC Climate Rules
    • PCAOB rules on auditor responsibilities and quality control
    • Other PCAOB Issues
    • FASB Issues
    • Private Company Council
Last updated/reviewed: Aug 13, 2024
2 Reviews (6 ratings)

Reviews

5
Anonymous Author
The course was easy to understand, the material was relevant. The slides are a good study source. The professor was articulate and easy to understand.
5
Anonymous Author
Hard to report on overall economic conditions these days but the accounting update reviews are helpful.
Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Economy and Technical Accounting Update Q2 20243:14
  Economic Overview17:40
  AICPA Q2 2024 Business and Industry Economic Survey5:48
  Key Accounting Impacts Q2 202411:38
  PCAOB Rules on Auditors Responsibilities6:40
  FASB Issues and Private Company Council7:06
  Summary1:53
CONTINUOUS PLAY
  Economic and Technical Accounting Update Q2 202454:01
SUPPORTING MATERIAL
  Slides: Economic and Technical Accounting Update Q2 2024PDF
  Economic and Technical Accounting Update Q2 2024 Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam