2023 Accounting & Audit Update

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