Comprehensive Audit & SSARS Update

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

• Recall the most recent changes in auditing, reviews, compilations and other attestation engagements
• Apply practice tips for achieving high quality engagements.
• Recognize updates on enhancing audit quality
• Analyze AICPA’s new Quality Management Standards
• Recognize trends in the practice landscape, how AICPA’s Enhancing Audit Quality Initiative is improving practice quality
• Recall SQMS implementation resources.

• The major topics that will be covered in this course include:

  • AICPA Accounting and Review Services Committee standards update and new practice aid
  • AICPA Auditing Standards Board standards update including recent changes to the audit and attestation standards
  • AICPA’s new Quality Management Standards
  • Overview, implementation considerations, timeline, and AICPA implementation resources
  • PCAOB, IAASB standard-setting agenda and potential future AICPA ASB standards changes
  • Update on AICPA’s Enhancing Audit Quality Initiative
  • Trends in audit quality including the DOL’s audit quality study
  • Frequent peer review findings and practice tips for achieving high practice quality
  • Latest on the DOL’s audit quality study