DESIGNED FOR
Practitioners in public practice
BENEFITS
After attending the presentations, attendees will be able to...
- Understand and implement the clarification auditing standards
- Be aware of common audit engagement deficiencies
- Make audit engagements more profitable
- Effectively oversee audits of their entities
HIGHLIGHTS
The major topics that will be covered in this class include:
- AICPA auditing standards issued during the 18-month period prior to the program
- The new SAS 134 audit reports
- How to fulfill responsibility to detect fraud under AU-C Section 240
- How to assess risk of material misstatements under AU-C Section 315
- How to help clients fulfill their responsibility to design, implement and maintain their internal controls
- Common deficiencies in audit engagements
- How to perform profitable audits
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None