Auditing Update & Review 2017-2018 (INAU) Webinar

Описание: Overview
Knowing the accounting principles is only half the story for most accountants in public accounting. You must also understand the myriad of rules relating the reporting requirements for audits. This course will cover the nuts and bolts of these pronouncements as well as cover the theory required to make proper decisions. Specifically, we will discuss recent pronouncements by the American Institute of Certified Public Accountants’ (AICPA) Auditing Standards Board (ASB), other AICPA standard setting groups as well as other AICPA audit quality initiatives.

Major Topics:
Latest SAS updates
Firm quality control
The revised code of conduct
AICPA Enhancing Audit Quality Initiative
The new competency framework
The COSO fraud risk guide and SSAE 18.
Other reporting topics
Learning Objectives
Describe the core requirements of recently ASB-issued for SASs 130 and 131
Explain the provisions for auditing going concern
Identify the major elements of the AICPA's project for Enhancing Audit Quality
Identify the major elements of the Revised Code of Professional Conduct and its new ethics framework
Explain the principles for a firm’s system of quality control
Explain the principles found in the new COSO Fraud Risk Guide
Identify the guidance found in the AICPA Competency Framework for Assurance Services
Identify the major elements of SSAE 18 for Assurance Services
Designed for:
Auditors and those who work with them

PREREQUISITE:
Basic understanding of auditing

ADVANCED PREPARATION:
None