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Monday, August 14, 2023 Live Webcast

Audit 402: Audit Quality Control - Avoid Peer Review Issues (X2-36835)

2:30 PM - 4:30 PM EDT
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

Audit Quality Control - Avoiding Peer Review Deficiencies highlights the most important considerations for those at all levels of the engagement team with quality control responsibilities on audit engagements. Upper-level reviewers have significant responsibilities for ensuring high-quality audit engagements.

DESIGNED FOR

Anyone with quality control responsibilities with audit or other attestation engagements.

BENEFITS

After attending this presentation, you will be able to...

  • Identify common peer review and quality control deficiencies on financial statement audits
  • Determine important quality control standards most directly relevant to audits
  • Analyze the importance of upper level workpaper reviews, including an objective engagement quality control review

HIGHLIGHTS

The major topics covered in this course include:

  • Common peer review deficiencies that quality control reviewers should be alert to
  • Important considerations of second-level and other upper-level reviewers
  • Lessons learned from various regulatory oversight reviews
  • Statement of Quality Control Standards requirements specific to financial statement audits, and other regulatory oversight considerations

COURSE LEVEL

Intermediate

PREREQUISITES

Experience preparing and reviewing workpapers

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys