Getting to Know the New Audit Report

Saturday, August 06, 2022
Webcast or Webinar, Online
10:00AM - 11:00AM (opens at 9:30 AM) EST
1Credits
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
$39.00 Regular Price
Non-Members
$59.00 Regular Price
Course Type: Webcast
Course Code: 22/AC821368
Level: Intermediate
Vendor: ACPEN
Field of Study: Auditing

Overview:

The standard audit report will soon receive an overhaul. This course investigates major changes to the contents and format of audit reports for private entities while exploring the influence of changes to audit reports for public companies. 

 

Objectives:

  • Understand major changes to the standard audit report
  • Appreciate the way that public company audit reports have impacted reports for private entities
  • Be able to distinguish required and optional provisions

Major Topics:

  • Examples of current public company audit reports
  • Implications of SAS No. 134
  • Exploration of illustrative audit report examples
  • Potential communication of Key Audit Matters (KAMs)

Major Topics:

  • Examples of current public company audit reports
  • Implications of SAS No. 134
  • Exploration of illustrative audit report examples
  • Potential communication of Key Audit Matters (KAMs)

Designed For:

CPAs in public practice who perform audits of private entities and accounting professionals in industry whose financial statements are subject to external audit procedures

Prerequisties:

Basic working knowledge of auditing standards
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org