Address the top accounting and auditing standards and related changes affecting the EBP auditor in 2018. Discussion will include a review of recent changes to GAAP accounting standards, as well a review of changes to the audit literature. Detailed examinations of emerging practice trends and issues and best practices when performing EBP attest services in 2018 will be addressed. Also included will be detailed review of the following topics:
• ASU 2015-07
• Readily Determinable Fair Value
• Other ASC 820 considerations
• ASU 2015-12 lessons learned
• ASU 2017-06
• SAS 132
• Auditing Standards Board EBP Audit Report Project
• Auditing in an Electronic Environment
• Audit Data Analytics
• Virtual audits