2026 Hot Topics A&A Update FLEXCAST
Available Until
Your Desk
4.0 Credits
Member Price $196.00
Non-Member Price $225.00
Overview
Stay current on the accounting and auditing developments shaping 2026 and beyond with this course. Part one walks you through the latest FASB standards activity through ASU 2025-12. You’ll examine new guidance on government grants received by businesses and updated rules for software cost capitalization. The course also covers CECL practical expedients for Topic 606 receivables alongside crypto asset fair value reporting and enhanced income tax disclosures. Standards now effective for nonpublic entities are covered in the course material. Part two of the course focuses on audit and attest topics. You’ll work through a first-year implementation of the AICPA quality management standards and new engagement quality review requirements. Understand areas of risk from SAS No. 145 and common nonconforming engagement issues from the latest peer review results. The courses ends with a look at SAS No. 149 group audit requirements and recent ethics interpretations.
Highlights
Key FASB accounting updates. Revenue, credit losses, and financial instruments. Business combinations, joint ventures, and complex entities. Technology and emerging areas. Expanded disclosure requirements. Audit quality and risk management. Audit execution topics.
Prerequisites
None.
Designed For
CPAs and other governmental auditing professionals.
Objectives
Recall highlights of recent accounting standards activity through ASU 2025-12. Identify key “hot topics” affecting current-period accounting and financial reporting, including disclosure-focused updates for interim reporting and other emerging areas. Recognize core recognition, presentation, and disclosure considerations for government grants received by business entities. Recognize how to manage risk associated with audit and non-audit services in light of changing professional, technical, regulatory, and ethical requirements. Distinguish attest from nonattest services and identify key independence implications in practice. Identify common peer review findings and frequent quality issues in preparation, compilation, and review engagements, including documentation expectations for analytical procedures.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Jennifer Louis, Surgent McCoy CPE LLC
Jennifer F. Louis, CPA has over 25 years of experience in designing and presenting high-quality training programs in a wide variety of technical accounting, auditing, and “soft skills” topics needed for professional and organizational success. She is the principal author of audit and attest related courses for Surgent and a frequent speaker at Surgent live programs and seminars. Ms. Louis is also the president of Emergent Solutions Group, LLC, a company she founded in 2003, dedicated to developing and delivering a wide variety of accounting and auditing training services, including audit staff training, audit productivity improvement, and value-added auditing. Prior to that, she was executive vice president/director of training services at AuditWatch, Inc. Before joining AuditWatch, Ms. Louis was the financial/operational internal audit manager at AARP. While at AARP, she served as one of their specially trained facilitators available as a resource throughout the organization for designing and leading strategic meetings and training sessions. Ms. Louis was also an audit manager for Deloitte and Touche, LLP. During her years in that firm’s Washington, D.C. office, she served as an instructor for the firm’s national “Train the Trainers” program. Ms. Louis graduated summa cum laude from Marymount University with a BBA in accounting.
Non-Member Price $225.00
Member Price $196.00