Conferences Presenting

Alaska Cruise Conference
July 24, 2018
3:00PM - 5:50PM
Rod Redding, Inactive CPA
Live Event
3
Update
Auditing
Basic education in auditing

Course Description

This course provides a lively update of developments in the auditing, compilation, and review services provided by public accounting firms. The PCAOB has issued a standard expanding the audit report to include a discussion of critical audit matters. This course looks at the changes and controversies surrounding the standard. Will the changes to PCAOB audit reports be adopted by the AICPA? How do the auditor's responsibilities and procedures change in reaction to the FASB requirement for preparers to judge if their company is a going concern? How does a nonpublic auditor handle a request for an audit and opinion per the PCAOB standards when the audit is not under the jurisdiction of the PCAOB? What is the impact of SSAE 18 on the clarification and recodification of attestation standards? Join this class to get answers to these questions and understand the changes that have occurred in audit, compilation, and review guidance.



Course Specifics

Auditing
Basic education in auditing
LE1181012P2
None


Compliance Information

103220
Qualifies for CA Fraud: No


Learning Objectives

After completing this course, you will be able to:

  • Describe the responsibilities of nonpublic auditors in considering whether an entity is a going concern
  • Identify the report guidance for a nonpublic auditor that is requested to perform an audit per PCAOB standards but the entity is not under the jurisdiction of the PCAOB
  • Recognize the impact of the clarification and recodification to attestation standards
  • Note how attestation guidance changes affect service organization reports (SOC)
  • List the changes to review services.
  • Discuss the new critical audit matters required by the PCAOB in the audit report
  • Recognize new audit, compilation, and review guidance issued over the last year.
  • Identify projects in progress at the AICPA and PCAOB.


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