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AICPA Peer Review Update Course (APRU18)

 
Date:Wednesday, January 10, 2018
Time:8:30am - 4:30pm
(Registration at 8:00am )
Facility:Holiday Inn Tampa Westshore, Tampa
CPE Credit:8.0 Accounting and Auditing
Instructor: Paul N. Brown, CPA, CGMA
Vendor:AICPA
Course Level:Intermediate
Early Bird Price:$250.00 FICPA Members, $375.00 Non-Members
Regular Price:$305.00 FICPA Members, $430.00 Non-Members on 12/9/2017
AICPA Discount:($30)

Description:

This CPE course covers the changes in peer review guidance made during the last year. It provides information essential to all peer reviewers, including a high level overview of changes to standards and guidance, as well as an update on the short and long-term enhancements to audit quality currently being developed by the Peer Review Board.

Additional peer review training hours provided will focus on new standards effective for 2017 and 2018, new guidance issued by the AICPA, nonconforming engagements, peer review related issues to engagements performed under Government Auditing Standards and Employee Benefit Plan audits, and PRIMA usage. There will be on-site PRIMA assistance for reviewers as well as a session on PRIMA training.

In addition to the peer review training, this course will offer a brief accounting and auditing update, if time allows.

  • This course meets the reviewer training requirements of the AICPA for a one year period.


  • Objectives:

    When you complete this course, you will be able to:

    • Review significant changes in peer review standards and guidance effective January 1, 2018
    • Identify common reviewer mistakes
    • A&A Update will be provided as to complement reviewer training, if time allows
    • Identify the emerging industries and risk areas approved by the Peer Review Board (PRB)
    • Distinguish between recently approved changes to guidance included within the Peer Review Program Manual
    • Differentiate between the various types of common matters for further consideration
    • Identify the changes being made to the Peer Review Program Manual
    • Identify the various components of the EAQ six-point plan, and the impact of the initiatives on the peer reviews you perform
    • PRIMA related training and assistance 

     



    Major Topics:

    Topics of discussion will cover:

    • An overview of the Enhancing Audit Quality (EAQ) Initiative
    • EAQ Initiative: Emerging Industries and Risk Areas
    • Recently Adopted Peer Review Guidance Changes
    • Peer Review Program Manual Updates
    • Updated Common Matters for Further Consideration
    • Practice Monitoring of the Future
    • 2018 Standards changes and related guidance
    • Common reviewer deficiencies noted in Florida
    • Proper documentation in reviewer checklists and forms
    • Expansion of scope issues and documentation
    • Professional standards update in accounting and auditing

     



    Who Should Attend:

    This course is designed for experienced reviewers who want to expand their knowledge of the peer review process, as well as the professional standards update in accounting and auditing.



    Prerequisite:

    None for peer review guidance or accounting and auditing continuing education credit.

    *To receive ongoing reviewer training approval in accordance with AICPA standards, you must have completed the initial training requirements for team or review captains.*




    Note:

    FICPA EZMaterials! Instead of picking up paper manuals at the event, you’ll be able to download the EZMaterials as searchable PDFs to your laptop, tablet or other device seven days before the event.

    Classroom - Royal Palm

     


    Session/Options

    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.