Discuss the progress of AICPA's Enhancing Audit Quality initiative. Evaluate whether or not audit quality is improving and look at the trends contributing to improved audit quality.
DESIGNED FOR
Members in public accounting
BENEFITS
After attending this presentation you will be able to:
- Identify trends in audit quality and how the AICPA's Enhancing Audit Quality initiative is improving practice quality by identifying challenges, providing training and remediation, and releasing free resources.
- Identify the significant changes proposed in the AICPA's new Quality Management Standards.
- Recall practice tips to improve audit quality.
HIGHLIGHTS
The major topics covered in this class include:
- Update on AICPA's Enhancing Audit Quality initiative
- Trends in audit quality, the biggest audit quality challenges
- AICPA's proposed Quality Management Standards
- Issues and tips for achieving high-quality engagements
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None