CU2214. Cornucopia of Emerging Accounting Issues & Auditing Challenges

Has your credit union or auditee delved into new programs that may provide accounting challenges to your staff or auditors. Such areas may include: mortgage servicing, leases, deferred compensation plans, and more. With these new programs there may be certain accounting or auditing steps that can be missed. In today's session we will cover some of these more complex accounting and/or auditing areas and explore ways to ensure proper accounting and reporting is performed.

Learning Objectives:

• Identify challenges with some current accounting and reporting
• Analyze ways to audit specialized accounting issues
• Determine solutions to enhance efficiencies in audit and accounting