What challenges could auditors face in 2023? Brad discusses that as well as FASB updates on reference rate reform and disaggregation of income.
*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***
Resources:
• FASB ASU 2022-06 – Reference Rate Reform – https://www.fasb.org/Page/ShowPdf?path=ASU+2022-06.pdf&title=ACCOUNTING+STANDARDS+UPDATE+2022-06%E2%80%94Reference+Rate+Reform+%28Topic+848%29%3A+Deferral+of+the+Sunset+Date+of+Topic+848&acceptedDisclaimer=true&Submit=
• FASB disaggregation project – https://www.fasb.org/Page/ProjectPage?metadata=fasb-Disaggregation%E2%80%94IncomeStatementExpenses-022820221200
• 4 audit challenges firms could face in 2023 – https://www.aicpa.org/resources/article/4-audit-challenges-firms-could-face-in-2023
• Accounting & Auditing Knowledge Hub – https://njcpa.org/hub/accounting
• Join the NJCPA Accounting & Auditing Standards Interest Group – https://njcpa.org/groups
#IssuesWatch #Podcast #fasb #aicpa #accounting #auditing #audit #auditor #cpa
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