Comprehensive Audit & SSARS Update WEBINAR

Overview

This course covers recently issued standards from the AICPA Auditing Standards Board and AICPA Accounting and Review Services Committee, including the new Quality Management Standards. The session will highlight projects in progress at the Public Company Accounting Oversight Board, and International Auditing and Assurance Standards Board. The course will also recap recent changes and present common peer review findings and best practices to improve practice quality.

Highlights

AICPA Accounting and Review Services Committee standards update and new practice aid. AICPA Auditing Standards Board standards update including recent changes to the audit and attestation standards. AICPA new Quality Management Standards - Overview, implementation considerations, timeline, and AICPA implementation resources. PCAOB, IAASB standard-setting agenda and potential future AICPA ASB standards changes. Update on AICPA Enhancing Audit Quality Initiative. Trends in audit quality including the DOL audit quality study. Frequent peer review findings and practice tips for achieving high practice quality. Latest on the DOL audit quality study.

Prerequisites

None.

Designed For

Members in public.

Objectives

Recall the most recent changes in auditing, reviews, compilations and other attestation engagements. Apply practice tips for achieving high quality engagements. Recognize updates on enhancing audit quality Analyze AICPA new Quality Management Standards Recognize trends in the practice landscape, how AICPA Enhancing Audit Quality Initiative is improving practice quality. Recall SQMS implementation resources.

Preparation

None.

Notice

None.