Series
PYA is proud to introduce The Bottom Line, a quarterly webinar series designed to give finance and accounting leaders timely, practical insight on the issues affecting organizations right now. Each session will focus on current accounting and audit developments, emerging risk areas, and real-world considerations leaders can use to make more informed decisions.
“The Bottom Line: Standards Updates, Estimates, and the Growing Impact of AI”
Accounting and finance teams continue to navigate evolving standards, regulatory changes, increased documentation expectations, and rapid advances in technology. From accounting estimates and risk assessment to employee benefit plan considerations and the use of artificial intelligence, organizations must understand how these developments affect financial reporting, internal controls, and day-to-day accounting operations.
PYA’s Kathryn Good and Tim Partridge had a practical discussion of recent accounting, auditing, and regulatory updates impacting finance and accounting professionals. Presenters highlighted key developments, common implementation challenges, and control considerations organizations should be evaluating now.
Learning Objectives
At the conclusion of this webinar, participants were able to:
- Identify key changes introduced by SAS 145 and explain how they affect risk assessment and audit planning.
- Describe SECURE 2.0 considerations relevant to employee benefit plan accounting and reporting.
- Summarize common implementation challenges and lessons learned from recent accounting pronouncements, including CECL and ASC 606.
- Evaluate controls over accounting estimates, including areas of heightened risk.
- Assess how artificial intelligence is being used in accounting departments and identify related control and governance considerations.
