US GAAP has several significant new pronouncements which will have a widespread effect. There are also a number of other pronouncements issued this year which will be important to various companies. This presentation will help practitioners and those in industry proactively identify circumstances where these pronouncements may be applicable.
Provide an update on 2017 accounting standards issued to give practitioners and those an industry an understanding some of the issues that may arise this season and to be able to proactively address them.
Steven Morrison, CPA, is a principal in the Audit Department at MBAF and works with both public and private companies in various industries including those with international operations. Steven is active in the planning and execution of audit engagements bringing experience in a variety of industries including automotive dealerships, freight forwarding/mail courier, retail, and wholesale/distribution. Steven also addresses specific issues for companies in a variety of other industries and has experience in effectively communicating simple and complex technical matters to all levels of personnel at clients. His responsibilities also include advising engagement teams on accounting and auditing matters. He is a member of the AICPA’s Auditing Standards Board, a senior committee for auditing, attestation and quality control applicable to the performance and issuance of audit and attestation reports for non-issuers. The board’s responsibilities include developing, updating and communicating comprehensive standards and practice guidance that enable practitioners to provide high-quality objective audit and attestation services in an effective and efficient manner. Previously, he was a member and chair of the Florida Institute of CPAs Accounting Principles and Auditing Standards Committee which develops responses to exposure drafts of various authoritative accounting and auditing bodies such as the AICPA, FASB, and PCAOB. Also, he was previously a member of the AICPA National Advanced Accounting and Auditing Technical Symposium (NAAATS) Steering Committee.
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