This timely podcast from the New Jersey Society of CPAs covers the latest issues impacting CPAs and accounting professionals in New Jersey. Topics range from legislative initiatives to accounting and auditing updates to economic issues and more.
148: A&A Update with Brad Muniz - 10/4/22
Brad welcomes Frank Boutillette back to the podcast, and they provide numerous FASB updates including stock-based compensation, SOFR and leases. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano (https://njcpa.org/nano). *** Resources:* NJCPA Accounting & Auditing Knowledge Hub (https://njcpa.org/hub/accounting) * Join the NJCPA Accounting & Auditing Standards Interest Group (https://njcpa.org/groups)
147: The Cybersecurity Imperative for Businesses
Cyber criminals continue to develop new and more-aggressive tactics to gain access to sensitive company information and personal data. Don’t make the mistake of thinking a cyber attack won’t happen to you or your company. Get an update on trends in cyber attacks, what you can do to protect yourself and your company, and what to watch for in 2023. Resources:* Learn more about XactIT Solutions (https://xitx.com) * Get more guidance in the NJCPA Cybersecurity Knowledge Hub (https://njcpa.org/hub/cybersecurity)* Join the NJCPA Emerging Technologies Interest Group (https://njcpa.org/groups)
146: A&A Update with Brad Muniz – 9/20/22
This episode is all about audit quality – common deficiencies, how to make improvements, changes on the horizon and available resources to help. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano (https://njcpa.org/nano). *** Resources:* AICPA Enhancing Audit Quality 2021 Report (https://www.aicpa.org/news/download/enhancing-audit-quality-2021-report)* Center for Audit Quality (https://thecaq.org) * AICPA Government Audit Quality Center (https://us.aicpa.org/interestareas/governmentalauditquality)* AICPA Employee Benefit Plan Audit Quality Center (https://us.aicpa.org/interestareas/employeebenefitplanauditquality.html)* Get Ready for the AICPA’s New Quality Management Standards (https://players.brightcove.net/1485859309/default_default/index.html?videoId=6311575742112)* NJCPA Audit Quality Knowledge Hub (https://njcpa.org/hub/auditquality)
145: The Economic Impact of Travel and Tourism in New Jersey
Many people know that New Jersey is chock full of recreational, sightseeing and leisure activities and attractions. But what you might not know is the impressive economic impact travel and tourism have on the state’s finances. Jeff Vasser, the executive director of the New Jersey Division of Travel and Tourism, talks with us about the state’s $37 billion travel and tourism industry, which employs more than more than 400,000 people. Resources:* New Jersey Division of Travel and Tourism (https://visitnj.org)
144: A&A Update with Brad Muniz – 9/6/22
This episode covers the extension of time for PPP loan forgiveness audits; FASB’s exposure draft on tax credit structures; AICPA SAS 148 on compliance audits; PCAOB’s agreement with Chinese authorities; SEC’s new pay versus performance disclosure rules; and R&D accounting for taxes. *** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano (https://njcpa.org/nano). *** Resources:* FASB Seeks Input on Proposal to Improve Accounting for Investments in Tax Credit Structures (https://www.njcpa.org/stayinformed/hubs/topics/full-article/2022/08/24/fasb-seeks-input-on-proposal-to-improve-accounting-for-investments-in-tax-credit-structures)* AICPA SAS 148 – Amendment to AU-C 935, Compliance Audits (https://www.aicpa.org/resources/download/aicpa-statement-on-auditing-standards-no-148)* PCAOB Signs Agreement with Chinese Authorities, Taking First Step Toward Complete Access for PCAOB to Select, Inspect and Investigate in China (https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-signs-agreement-with-chinese-authorities-taking-first-step-toward-complete-access-for-pcaob-to-select-inspect-and-investigate-in-china)* SEC Adopts Pay Versus Performance Disclosure Rules (https://www.sec.gov/news/press-release/2022-149)* NJCPA Accounting & Auditing Knowledge Hub (https://njcpa.org/hub/accounting)
143: Top Trends in Audit
What trends are driving change in the attest and audit functions? How can CPAs keep pace with these changes? Host Sean Stein Smith, CPA, talks with Taylor Harris, CPA, professional practice fellow at the Center for Audit Quality (CAQ) and audit and assurance senior manager at Deloitte. Resources:* Center for Audit Quality (https://thecaq.org)* NJCPA Audit Quality Knowledge Hub (https://njcpa.org/hub/auditquality) * Join the NJCPA Emerging Technologies Interest Group (https://njcpa.org/join)
Very relevant, concise and professional.