This course will enable practitioners to understand and apply the AICPA "clarification" auditing standards to audits of Small- and Medium-Sized Entities (SMEs). Further, this course will provide guidance on how to perform an effective, efficient and profitable audit engagement.
DESIGNED FOR
This course is designed for practitioners in public practice who must understand and implement the clarification auditing standards, need to be aware of common audit engagement deficiencies and responsible for profitable audit engagements. Also, for inter
BENEFITS
After attending this presentation you will be able to...
- Identify the key changes in recently issued AICPA auditing standards
- Recognize common audit deficiencies as identified in peer reviews
- Distinguish common audit deficiencies as identified in lawsuits centered on audit engagements
HIGHLIGHTS
The major topics that will be covered in this class include:
- AICPA auditing standards issued during the 18-month period prior to the program that impact audits of Small- and Medium- sized entities (SMEs)
- The new SAS 145 risk assessme
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None