Current Audit Environment and ASB Activity

Overview

Explore the current audit environment, and recognize audit challenges triggered by the current environment. Provide a comprehensive review of recent audit pronouncement and exposure drafts. Understand topics critical to success in today's rapidly changing regulatory environment. This course provides 4 hours of CPE credit in the Auditing field of study.

Prerequisites

Accounting professionals with audit experience

Objectives

• Identify key responsibilities related to risk assessment in every audit.
• Identify key requirements in recently issued statements on auditing standards and attestation standards.
• Recall proposed changes in exposure drafts of new proposed SASs.
• Recognize key elements included in new quality management standards and related proposed SAS and SSARS.

Highlights