This episode covers FASB updates, including ASU 2022-03 on fair value measurement and the 2021 Agenda Consultation Report. It also covers several AICPA updates, including new NOCLAR requirements and accounting and auditing for digital assets.

*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***

Resources:

• FASB ASU 2022-03 – Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions
• FASB 2021 Agenda Consultation Report
• AICPA guide to Accounting and Auditing for Digital Assets
• SAS 147 – Inquiries of the Predecessor Auditor Regarding Fraud and Noncompliance with Laws and Regulations
• PEEC and ASB issue new requirements for CPAs regarding NOCLAR