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Each year, companies and their outside accountants have to deal with various new auditing, review, and compilation standards. Often, these standard are issued a couple of years in advance of being effective. The earlier that companies and their outside accountants are aware of the standards and their effect, the earlier that companies can ready their financial reporting systems to be ready to respond to an outside accountant’s requests, thus possibly aiding in a more efficient engagement with the outside accountant. This presentation will take an overview of the standards issued so far this year to help companies, and their outside accountants, understand coming changes.
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Understand recent attest standards.
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Proactively identify the circumstances where the standards are applicable.
Jim Dernar (AARP)
"I thought Mr.Morrison was very knowledgeable on the subject matter. Recent Auditing standards can be a dry subject to talk about, but he managed to keep the audience engaged by sprinkling in bits of humor every so often. He is a natural presenter and I look forward to future presentations from him on CPA Academy."
Paul Mavrinac (Paul A. Mavrinac, CPA, MST)
"Excellent presentation! Steven did a wonderful job covering the material in such a way that it will immediately resonate with you. He took complex standards and presented them in a thoughtful manner. I would highly recommend Steven and this presentation. Hopefully we will see more of Steven from CPA Academy."
Paul Cole ()
"I must have missed the overall subject matter when signing up for this webcast, but what really matters is that the material covered was useful and could be relevant in certain situations."
Keturah Busse (Power Bolt and Tool Inc)
"The information was current and discussed important changes coming soon; the presenter was well versed and provided expert commentary in addition to that included on the slides"
Ryan Sheckler (Goodville Mutual)
"As a former employee at CohnReznick from 2011 to 2014 in the Baltimore office, it is good to see representation from the firm through CPA Academy. Glad to have attended."
Marner Harris (Marner Harris)
"Excellent, thorough presenter who was engaged and provided insight to incorrect responses to the polling questions. Thanks for the update and the informational links!"
ERIC M PRIMUTH (Cuyahoga Community College (Ret))
"Nicely done update on GAAS and the differences between AICPA and PCAOB areas. I look forward to your next seminar. Thank you !!!"
Bharat Shah (BHARAT C SHAH, CPA)
"Expert presenter, covered the topic very well. Anyone wants to catch up with Going Concern standard must see this webinar."
Steven Morrison
CohnReznick
Partner, National Assurance
steven.morrison@cohnreznick.com
(646) 601-7740
Steven Morrison is the National Director of Audit at CohnReznick bringing experience as a client service engagement partner, quality control reviewer, and as a standard setter. He has worked with entities in a variety of industries, including automotive dealerships, employee benefit plans, freight forwarding/mail courier, not-for-profit, retail, and wholesale/distribution. His experience encompasses effectively addressing unique accounting and audit issues of entities in the United States, Asia, Europe, Oceania, and the Americas. Steven addresses specific issues for companies in a variety of other industries and has extensive experience in effectively communicating simple and complex technical matters to all levels of personnel. His current responsibilities include firm methodology and consulting on complex accounting, auditing, attestation, and reporting matters.
From 2015 to 2018, he served on the AICPA Auditing Standards Board (ASB), a senior committee that promulgates U.S. Generally Accepted Auditing Standards. Currently, he is a member of the PCAOB’s Standards and Emerging Issues Advisory Group (SEIAG) which advises on existing standards, proposed standards, potential new standards, and on matters other than standards, such as emerging issues, that are of significance to the PCAOB in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
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