Review the significant provisions of the most recent pronouncements and proposed pronouncements from the FASB, the Private Company Council, the Auditing Standards Board and the Accounting and Review Services Committee. Presented from the perspective of a small firm practioner who services non-publicly traded entities. Discuss the standards that, in the instructor's 30 years to experience, have the broadest application to the local practitioner. As always, the floor is also open to discuss whatever current accounting and auditing topics attendees may want to cover.