Standard Practice

Episodi

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  PCAOB QC 1000, A Firm's System of Quality Control 03.09.2026 45min

  Most firms don't have a quality problem; they have a documentation problem that keeps masquerading as one. This episode breaks down PCAOB QC 1000, the new standard that forces firms to move from checking boxes to actually knowing whether their quality control works, and what that shift means before the December 2026 effective date.Connect with MeredithLinkedIn: https://www.linkedin.com/in/meredithmednick/Earn CPE for Listening to This Podcasthttps://www.earmark.app/This podcast is a production of Earmark Media
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  IFRS 18: Presentation and Disclosure in Financial Statements 20.08.2026 51min

  IAS 1 is gone, and IFRS 18 doesn't just tweak the edges. It rewrites how entities present their statement of profit or loss, and it's going to change how you read financial statements for years to come.In this episode, Meredith Mednick, CPA, CA is joined by Blake Oliver, CPA. They break down what's actually new: a mandatory five-category framework for classifying every item of income and expense, fresh rules on aggregation and disaggregation, and new required subtotals in the P&L. They also cover what preparers need to have sorted before the standard kicks in for periods beginning on or after January 1, 2027.If you work with IFRS financial statements in any capacity, whether you're preparing them, auditing them, or just trying to make sense of them, this is the one to listen to before the transition clock runs out.Connect with BlakeWebsite: https://earmarkcpe.com/LinkedIn: https://www.linkedin.com/in/blaketoliverConnect with MeredithLinkedIn: https://www.linkedin.com/in/meredithmednick/Earn CPE for Listening to This Podcasthttps://www.earmark.app/This podcast is a production of Earmark Media