Geared toward practitioners who provide accounting and auditing services to small businesses, this course updates you on the new accounting, auditing, compilation, preparation, and review standards, and other professional guidance that impact small businesses and their auditors. Materials include practical applications of the topics covered to help you understand and apply the standards to real-life scenarios. With the rate of change in today's regulatory environment, you must stay current on the topics impacting the profession. Your clients are counting on you!


When you complete this course you will be able to:

  • Identify recently issued FASB, ASB, and ARSC guidance and standards that impact small businesses.
  • Identify key concepts related to exposure drafts and other projects in accounting and auditing


  • Accounting standards updates, including an update on leases, financial instruments, and revenue recognition
  • Latest activity from ARSC
  • Current FASB projects
  • An update on audit and attest standards
  • Private company financial reporting

Who Will Benefit

CPAs who require a review of recent accounting and auditing pronouncements


Category Amount
Accounting 4.00
Auditing 4.00


  • Steven Palomino

    Steven Palomino is a Senior Manager with nearly 20 years of experience within accounting and finance. Steve’s expertise in organizational development and innovation management for middle market business as well as large and multinational organizations. Steve is a recognized thought leader and educator in the accounting technology, software robotics system implementations and performance management and improvement. He uses his expertise to guide businesses leadership in the application of software robotics strategies to increase controls over operations and reporting. Additionally Steve uses his expertise in financial systems to help companies achieve significant effort reduction, deploy controls and continuous audit capabilities, while transforming processes. Steve has performed financial reporting, planning, product tracking and development, monthly close process, margin assurance, expense review, capital planning, compensation tracking, merger integration of financial systems, software- revenue recognition, financial-systems implementation, and financial system upgrades. He also has extensive knowledge and experience in databases and programs including Oracle, Hyperion, NCR Teradata, SAP, Backline and Adaptive Planning. Steve provides project management guidance and support for project implementations, such as Hyperion applications, Blackline, Adaptive Insights and other common technologies.

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