199: A&A Update with Brad Muniz – 8/8/23

Frank joins Brad to discuss the results of a recent FASB Private Company Council meeting; the results of the PCAOB’s “absolutely unacceptable” findings on audit quality; and AICPA guidance on accounting for digital assets.

*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***

Resources:

• Recap of FASB Private Company Council June meeting
• PCOAB Report: Audits with Deficiencies Rose for Second Year in a Row
• A taxonomy for classifying digital assets
• Accounting & Auditing Knowledge Hub
• Join the Accounting & Auditing Standards Interest Group