Discussions from 2019 AICPA National Conference on Current SEC and PCAOB Developments


Bloomberg Tax & Accounting experts interview FASB Board Member Sue Cosper, PCAOB Chairman William Duhnke, FASB Chairman Russell Golden, the Center for Audit Quality Senior Managing Director Catherine Ide, BDO National Assurance Partner Angela Newell, Deloitte Partner Amy Steele, and SEC Chief Accountant Sagar Teotia on the sidelines of the 2019 AICPA National Conference on Current SEC and PCAOB Developments.

Discussions cover audit focus areas for 2020, audit challenges, new auditing standards, the SEC perspective on recent accounting and auditing changes, SEC efforts on CAMs, 2020 PCAOB strategic goals, blockchain implications for financial reporting, FASB 2020 agenda, and public company readiness for CECL.

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Sue Cosper, FASB Board Member

Sue Cosper discusses the auditor focus for 2020, the accounting standard with the largest audit impact, critical audit matters (CAMs), and more.

 

William Duhnke, PCAOB Chairman

William Duhnke covers PCAOB’s 2020 strategic goals, viewpoint on critical audit matters (CAMs), scope of audit in financial reports, and more.

 

Russell Golden, FASB Chairman

Russell Golden discusses his last year as FASB Chairman, the 2020 agenda, lack of auditing around XBRL, and more.

 

Catherine Ide, Center for Audit Quality Senior Managing Director

Catherine Ide provides insights on challenges for auditors in 2020, the largest impact from new GAAP, best practices for the audit profession, and more.

 

Angela Newell, BDO National Assurance Partner

Angela Newell highlights the focus areas for auditors in 2020, the largest audit challenges, important judgments for auditors, and more.

 

Amy Steele, Deloitte Partner

Amy Steele covers blockchain implications for financial reporting, the five biggest audit risks with blockchain, Deloitte’s initiatives around blockchain, and more.

 

Sagar Teotia, SEC Chief Accountant

Sagar Teotia gives the SEC’s perspective on recent accounting and auditing changes, efforts on critical audit matters (CAMs), and the roadmap for 2020.

 

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