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2023 Accounting & Audit Update

December 14, 2023


During our annual Accounting & Audit Update, professionals in our audit and assurance practice covered a wide range of topics to help plan for the year ahead, including:

  • Pertinent economic and accounting industry updates
  • Updates from the Professional Ethics Executive Committee
  • Post-implementation tactics for lease accounting under Topic 842
  • Details on how to apply Accounting Standards Updates (ASUs) effective for Dec. 31, 2023 calendar year end
  • When to consolidate a Variable Interest Entity (VIE)
  • Miscellaneous standards updates

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