PCAOB Updates

Overview

Understand the complexities of PCAOB updates.
Understand the new requirements of recently approved PCAOB amendments to the auditing standards and the auditor's key responsibilities in response to the amendments. Learn to sort through the complexities to identify and apply them to the audit of a public company.

Prerequisites

Accounting professionals with audit experience

Objectives

• Determine the key responsibilities for evaluating accounting estimates included in the recently approved amendment, related to AS 2501, and amendments to PCAOB Auditing Standards.
• Identify new requirements when using specialists in an audit contained in the recently approved PCAOB amendment, AS 1210.
• Recognize the key responsibilities required in audits in which other auditors are involved if proposed amendments to existing standards and a new auditing standard are issued.

Highlights