Explore the current audit environment, and recognize audit challenges triggered by the current environment. Provide a comprehensive review of recent audit pronouncements and exposure drafts. Understand topics critical to success in today’s rapidly changing regulatory environment.
Learning Objectives
- Identify key responsibilities related to risk assessment in every audit.
- Identify key requirements in recently issued statements on auditing standards and attestation standards.
- Recall proposed changes in exposure drafts of new proposed SASs.
- Recognize key elements included in new quality management standards and related proposed SAS and SSARS.
Major Topics
- Updates to auditing and attestation standards
- Recently issued exposure drafts
- Current environment and implication for audit planning
