Audit Quality Update and Future of Audit

Monday, June 12, 2023
Webcast or Webinar, Online
9:30 AM - 11:30AM (opens at 9:00 AM) EST
2Credits
Accounting and Auditing

Registration is 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.

Members
$89.00 Regular Price
Non-Members
$119.00 Regular Price
Course Type: Webcast
Course Code: 23/CX39262
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Auditing

Overview:

Discuss the progress of AICPA's Enhancing Audit Quality initiative. Evaluate whether or not audit quality is improving and look at the trends contributing to improved audit quality. Identify the major issues coming to light as a result of the initiative and the related resources issued by the AICPA to improve practice quality. Review AICPA's Auditing Standards Board project on Quality Management Standards that is expected to significantly overhaul firm quality control systems. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

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

  • Identify trends in audit quality and how the AICPA's Enhancing Audit Quality initiative is improving practice quality by identifying challenges, providing training and remediation, and releasing free resources.
  • Identify the significant changes proposed in the AICPA's new Quality Management Standards.
  • Recall practice tips to improve audit quality.

Major Topics:

The major topics covered in this class include:

  • Update on AICPA's Enhancing Audit Quality initiative.
  • Trends in audit quality, the biggest audit quality challenges.
  • AICPA's proposed Quality Management Standards.
  • Issues and tips for achieving high-quality engagements.

Major Topics:

The major topics covered in this class include:

  • Update on AICPA's Enhancing Audit Quality initiative.
  • Trends in audit quality, the biggest audit quality challenges.
  • AICPA's proposed Quality Management Standards.
  • Issues and tips for achieving high-quality engagements.

Designed For:

Members in public accounting

Prerequisites:

None