Latest governmental accounting and auditing updates that need special attention in a peer review are explored with information from the 2025 Peer Review Conference Session on Government Auditing Standards. Commitment to quality You can stay up to date on applicable professional standards so you can identify quality problems through review of governmental engagements. You'll explore: - Ways to ensure engagements under review meet the quality standards - Challenges to maintaining audit quality in governmental engagements - Unique risks associated with reviewing engagements under generally accepted government auditing standards Timely tips from experts The course’s presenters actively participate in peer review. They share recent changes in the public interest and the effect they have on peer review. Real-world scenarios Realistic scenarios will allow you to apply proven techniques to identify potential red flags during your peer reviews. **Note:** Certain practice aids or other materials referenced in this course are part of the Governmental Audit Quality Center (GAQC). Some materials are accessible only if your firm is a quality center member. Participants of this course are reminded where AICPA Audit Quality Centers exist (such as, but not limited to, the Employee Benefit Plan and Governmental Audit Quality Centers). Reviewers of must-select engagements must be associated with firms that are members of the respective Audit Quality Center. Who Will Benefit Peer reviewers of must-select engagements under *Government Auditing Standards.* Key Topics - Importance of audit quality - Emphasis areas for 2025-2026 peer reviews - Scenarios for commonly encountered situations when reviewing governmental engagements - Topics on the peer review horizon - Resources and tools for peer reviewers and auditors Learning Outcomes - Apply best practices when performing reviews of generally accepted government auditing standards (GAGAS) engagements. - Analyze challenges to maintaining audit quality in GAGAS engagements and their impact to peer reviewers. - Identify unique risks associated with reviewing GAGAS engagements.
Learning Objectives
Intermediate