Annual Update for Accountants and Auditors


Keep abreast of the fast-paced changes in accounting and auditing. This comprehensive course covers relevant pronouncements, exposure drafts, and other guidance recently issued in the accounting, auditing, review, compilation, and preparation engagement arenas. Let us sort through the complexities and help you identify and apply recently issued FASB, PCAOB, ARSC, and ASB standards and guidance. With the rate of change in today's regulatory environment, you must stay current on the topics impacting the profession - don't get left behind!


  • Recently issued ASUs, including an update on revenue recognition, financial instruments, and leases
  • Current FASB exposure draft and projects
  • Audit and Attest engagements update including SAS 134, SAS 135, and proposed SAS 136
  • Recent PCAOB guidance
  • Latest activity from ARSC


  • Identify key points related to recently issued FASB standards and guidance.
  • Recognize the effect of recently issued auditing standards, attestation standards, and standards on accounting and review services.
  • Identify key concepts related to exposure drafts and other projects in accounting, auditing, compilation and review services.

Designed For

CPAs in public practice and industry who want to remain up-to-date on accounting, auditing, preparation, compilation and review pronouncements


Joseph Sanford

Joseph Sanford is President and CEO of Sanford & Company, P.A. located in Fort Smith, Arkansas. While involved in all aspects of the firm, he focuses his efforts in estate planning, litigation support, management consulting, and technology consulting. He also frequently serves as a moderator for various tax, accounting, technology, and ethics continuing education seminars for CPAs. Sanford received his BSBA from the University of Arkansas with a major in accounting and a minor in computer sciences in 1977. Sanford has been a practicing accountant since 1977. Prior to establishing his own firm, he worked as a manager at a large local CPA firm, which was merged with a much larger regional firm. This provided the catalyst for him to establish his own firm, Sanford & Company, P.A., in 1988. He is a member of the AICPA and the Arkansas Society of CPAs (ASCPA), the chair of the ASCPA Continuing Education Committee, past chair of the ASCPA Ethics Committee, and past chair of the ASCPA Quality Review Committee. He is also a member and past president of the Western Arkansas Estate Planning Council, past vice president of ASCPA, and past president of the Western Chapter of the ASCPA. Sanford is a frequent speaker at CPE seminars and conferences and received the ASCPA Discussion Leader of the Year Award for 2012 and 2017.