Billings Audit and Assurance Update


Course Description: 
2019 is proving to be another busy year for FASB and the Auditing Standards Board. This 8-hour course will delve into the hot issues facing private companies both for industry CPAs and CPAs in public practice. We will cover:

  • FASB Accounting Standards Updates effective in 2019
  • Applying the new lease standard: lessees, lessors and implementation
  • Recent developments on the new revenue standard for not-for-profits
  • Financial instrument accounting developments
  • Private Company Council (PCC) recent developments
  • Compilation and review update
  • Auditing Standards Update
  • A brief PCAOB update

Learning objectives:

  • Identify the most pervasive accounting updates issued by the FASB
  • Discuss the changes to related party guidance for variable interest entities
  • Explain the fair value measurement changes
  • Apply the main provisions of the new lease standard to lessees and lessors
  • Examine the recent clarifications issued on the new Revenue Standard for non-for-profits
  • Discuss the changes coming on Auditing updates

Leah Donti, President & Founder | Advantage Montreal Seminars Inc.  

Leah Donti, an internationally recognized seminar leader and speaker in accounting and auditing, has been doing seminars full-time for 28 years through her seminar business. She conducts in-house training at CPA firms and various multinationals and does CPE courses through the CPA societies. In addition, she speaks at numerous conferences across North America each year.

Leah speaks on FASB update, Private company GAAP developments, IFRS, variable interest entities, accounting and auditing update, SEC and PCAOB update, revenue recognition, stock-based compensation, business combinations, compilation and review, and fair value accounting. She also provides proprietary prep seminars for the IQEX reciprocity exam in which foreign accountants obtain the US CPA credential.

Prior to beginning her private practice in 1991, Leah worked for a major information management consulting organization where she provided training to offices across North America. She also worked with an accounting software firm, offering accounting education courses to clients on site. In addition, she held positions in internal audit and cost accounting with Canadian Pacific, one of the largest companies in Canada, which is dual listed in Toronto and New York.

For the last 9 years (2010 to 2018), Leah has received the AICPA Outstanding Discussion Leader Award for her passion, energy and ability to speak at all levels of professionals, which has made her a most sought-out speaker.

Registration: 7:00am - 8:00am
Seminar: 8:00am - 4:00pm

CPE Information
CPE Credits: 8
CPE Category: Audit and Assurance
Level: Basic     
Delivery Method: In person Group

Additional Information:
No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773. 

CPE Sponsors

Stay current on your favorite topics


Applicable Services

Take a deeper dive into this Insight’s subject matter.

Audit & Assurance