FASB and AICPA Update

Friday, May 21 8:45am - 4:30pm

(Check-In 8:30am)

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8.00 Credits

Member Price $304.00

Non-Member Price $429.00


For over 30 years, the FASB and AICPA Update has been the most popular course among all of our seminars. This course is a must to keep professionals on top of the continuing changes in the accounting profession. Whether these changes are in accounting technical standards or professional standards, the course authors will provide practical guidance including standards’ review and implementation guidance where appropriate.


This program focuses on all things the accounting professional should be aware of including: 

  • Accounting standard updates (ASUs) 
  • FASB projects 
  • Audit service issues 
  • ARSC initiatives, preparation, compilation and review updates, and initiatives 
  • AICPA activities and profession update


Basic audit and accounting course or experience

Designed For

All accounting and financial professionals needing a comprehensive, year-round update on recently issued standards.


Participants will be able to apply the changes and discuss the issues surrounding recently issued accounting, auditing, preparation, compilation and review pronouncements, and relevant proposals.


By registering for this program and, accordingly, receiving the eMaterials, you're acknowledging that you understand both the copyright restrictions on your eMaterials and the CTCPA cancellation policy.

Section on auditing standards qualifies for the 24-hour Yellow Book requirement. Section on specific accounting standards qualifies for the 24-hour Yellow Book requirement if an auditor has FASB Yellow Book clients. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor's Yellow Book clients. Note that the determination of course qualification is a matter of an auditor's professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.



Bonnie Kennedy

Bonnie Kennedy, CPA, licensed as a CPA in Rhode Island, is a Group Practice Leader for LOSCALZO ASSOCIATES LTD. and has over 30 years’ experience in the accounting profession. She began her career in public practice with a regional accounting firm in New England, before taking a position as the Controller and Treasurer of a manufacturing firm. Currently, Bonnie is a full-time faculty member at Salve Regina University. She has taught accounting and auditing courses at both the graduate and undergraduate levels.

She holds a BS degree in Business Administration and a MS degree in Accounting from the University of Rhode Island.

During her association with the regional CPA firm, Bonnie was involved in recruiting, interviewing, and mentoring new staff. She also designed and conducted continuing professional education programs for the firm. After initial exposure to both taxation and attestation work, Bonnie eventually specialized in audits of manufacturing companies and not-for-profit entities.

She has published articles in scholarly journals, and presented her work at national conferences. She has served on the Board of Directors for several not-for-profit entities, and currently serves as the Treasurer for her local youth soccer association.

She is a member of the Rhode Island Society of CPAs, the Association of Certified Fraud Examiners, and the AICPA.

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Non-Member Price $429.00

Member Price $304.00