This session will identify the progress of the AICPA Enhancing Audit Quality Initiative and evaluate whether audit quality is improving. Analyze the trends that are contributing to audit quality and recall the major issues identified and the related resources issued by the AICPA to improve practice quality.
BENEFITS
- Evaluate the AICPA's enhancing audit quality initiative and the AICPA's new SQMS
- Recall trends in the practice landscape
- Evaluate how AICPA's Enhancing Audit Quality Initiative is improving practice quality
- Identify SQMS implementation resources
HIGHLIGHTS
Analysis of the AICPA's Enhancing Audit Quality Initiative
Trends in audit quality
Latest on the DOL's audit quality study
Peer review findings and practice tips for achieving high practice quality
AICPA's new SQMS - Overview, implementation considerations, timeline, and AICPA implementation resources
PCAOB and IAASB quality management standards and the potential impact on AICPA standards
COURSE LEVEL
Basic
PREREQUISITES
None