This CPE course covers topics important for new audit staff members, including who an auditor actually works for, the overall objectives of an audit, levels of service, professional standards, and much more.
Learning Objectives
Recognize the general concept of an audit, its importance, and what an auditor does and does not do when performing an audit.;Identify the importance of the concepts of independence and professional skepticism in an audit.;Recall the principles that apply to auditors contained in the AICPA Code of Professional Conduct.;Recall and distinguish between the definitions of attest and assurance services and the related levels of service.;Recognize the various standard setters and the professional standards they promulgate.
Major Topics
Overall objectives of the audit;Who does an auditor work for?;Attest and assurance services and levels of service;Independence and professional skepticism;Overview of the AICPA Code of Professional Conduct;Overview of the peer review process
