A&A TODAY: PRESENTED BY THE WSCPA AND GALASSO LEARNING SOLUTIONS
The long awaited changes by the AICPA to Risk Assessment have been issued. SAS 145, which will be effective in 2023, updates several definitions and provides clarity on areas that had significant practice issues. With a focus on IT and understanding IT risks, the standard also modernizes risk assessment. This update is also part of the convergence effort with the IAASB. We’ll review at a high level the key changes you need to know about that are coming down the pike!
To learn more about important accounting and auditing developments, join us for one of these upcoming CPE programs with Melisa Galasso.
WSCPA is excited to partner with Galasso Learning Solutions to provide A&A Today, real-time A&A updates and answers. Check the WSCPA blog often for new episodes or subscribe on YouTube.
With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.