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 Q3 2023 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.

2023 continues to be a challenging year from both a business and economic outlook.

  • Inflation continues to rise
  • Cost of living has escalated
  • Political unrest continues its instability
  • National border issues threaten health and safety of U.S. citizens
  • Food prices and supply chain issues still exist
  • Increasing geopolitical conflicts threaten the U.S.

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

Learning Objectives
  • Discover and overview of the status of the economy as early October 2023.
  • Explore and examine FASB Q3 activities.
  • Explore and examine SEC Q3 activities.
  • Identify and examine PCAOB Q23 activities.
  • Recognize and examine actions of AICPA, and IIA.
Last updated/reviewed: March 4, 2024
6 Reviews (40 ratings)

Reviews

5
Anonymous Author
The economic part of the class was very helpful. The accounting part happened to be very narrow because of the activity of the various professional groups.

5
Anonymous Author
The quarterly updates are always very informative and helps keep you up to date on accounting updates and the economic state.

5
Anonymous Author
Lynn did a great job with outlining the Q3 FASB, SEC, PCAOB and AICPA updates. In particular I like the economic overview

5
Anonymous Author
Another good update and interesting insight into the economy. Instruction was clear and concise.

5
Member's Profile
Very insightful course on current events! Appreciated everything covered here

5
Member's Profile
Very informative and covers many major updates that will impact the economy

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 Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Q3 2023 Technical Accounting and Economic Update2:00
  Economic Overview14:14
  FASB Updates6:24
  AICPA Updates11:38
  PCAOB Update3:42
  SEC Updates10:52
  The Institute of Internal Auditors6:06
  Summary1:02
CONTINUOUS PLAY
  Q3 2023 Technical Accounting and Economic Update55:58
SUPPORTING MATERIAL
  Slides: Q3 2023 Technical Accounting and Economic UpdatePDF
  Q3 2023 Technical Accounting and Economic Update Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam