In a rapidly changing economy this update is a significant tool needed to keep informed about emerging and current auditing and attestation guidance. Participants who attend this update will learn about issued and proposed guidance from the American Institute of Certified Public Accountants (AICPA) and the Public Company Accounting Oversight Board (PCAOB).
DESIGNED FOR
This update has been designed to assist external and internal auditors, accountants in industry, educators, and those learners who want or need to remain up to date on recently issued and proposed authoritative guidance.
BENEFITS
Upon completion of this course, you will be able to:
- Recognize recently proposed, issued and effective auditing and attestations standards issued by the AICPA and PCAOB, including risk assessment and group audits.
- Recall frequent peer review deficiencies identified in the most recent AICPA’s Peer Review Oversight Report, including single audit and ERISA deficiencies
- Identify the 8 components included in the quality management standards.
- Recall frequent peer review deficiencies identified in the most recent AICPA’s Peer Review Oversight Report.
HIGHLIGHTS
- Learn about the AICPA’s recently issued Statements on Auditing Standards (SASs), including the changes to risk assessment.
- Understand the impact the quality management standards will have on an accounting practice.
- Know the types of projects on the PCAOB’s agenda.
COURSE LEVEL
Update
PREREQUISITES
Experienced in the application of attest engagements.
ADVANCE PREPARATION
None