2021 will be a very impactful year for audits, as SASs 134-140 become effective for audits for year-ends after December 15, 2021. In this course, we'll review the key changes coming to financial statement audits as a result of these new standards, including the format of the new auditor's report and consideration of key audit matters. The course will also review key changes under SAS 135 related to identifying significant unusual transactions and the expanded audit procedures which must be performed to address risks associated with them.
Lastly, the course will review the AICPA's updated definition of materiality, expanded procedures and reporting related to other information in annual reports, and conforming changes to the auditor's opinion in other special reporting situations.
Experience in accounting and attestation
Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.
SUS0317
