Audit Risk Alert: General Accounting and Auditing Developments, 2017/18 (AICPA)

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(AICPA) 1st Edition 

by AICPA (Author) 

Updated annually, this useful resource contains a description of all recent auditing, accounting and regulatory developments to ensure that the accountant has a robust understanding of the business, economic, and regulatory environments in which they and their clients operate. In addition, this alert ensures that the accountant has a full understanding of emerging practice issues, with targeted analysis of new developments and how they may affect your engagements, including:

• Recent Economic Trends

• Recent Legislative and PCAOB Developments

• Developments in Peer Review

• Recent Ethics Interpretations

It also contains new accounting and auditing guidance related to derivatives and hedging, service concession agreements, discontinued operations, stock compensation, and more.