Audit Update (2024)

Description

Auditors must stay on top of current developments, and our 2024 Audit Update CPE course has you covered! In this CPE-eligible (2.0 CPE) self-study course, we cover recent changes to U.S. GAAS and PCAOB auditing standards, look at common audit deficiencies noted by inspectors, and examine recent enforcement actions against auditors. Finally, we discuss the impact of recent standards related to quality management on the audit profession and helpful reminders for engagement teams to improve audit quality.

Topics Covered:

  • General responsibilities of the auditor (AS 1000)
  • Inquiries of predecessor auditor re: fraud and matters involving NOCLAR (SAS 147)
  • Group audits (SAS 149 and AS 1206)
  • Auditor's use of confirmation (AS 2310)
  • Quality control//management standards (SQMS 1-3, SAS 146, and SSAE No. 23 and 26; QC 1000)
  • Common audit deficiencies and enforcement actions
  • And many more!

If you audit, review, or compile financial statements in accordance with U.S. GAAP, this audit update CPE course is for you! It covers updates relating to U.S. GAAS and PCAOB auditing standards. Therefore, you get a comprehensive look at changes impacting the U.S audit landscape. It is easy to understand, conversational, and full of examples. You may even have a little fun while you earn your CPE!

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Learning Objectives

  • Recall recently issued guidance from the PCAOB and AICPA and its impact on audits of financial statements 
  • Identify the most frequently noted in inspections and peer reviews

Additional Information

Last Updated 08/01/2024
CPE Credit 2
Field of StudyAuditing
Instructional Delivery MethodQAS Self Study
Knowledge LevelUpdate
Prerequisites General knowledge of auditing standards under U.S. GAAS or PCAOB requirements. 
Advanced Preparation

None

Expiration This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit.
Refund or Cancellation Policy For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608.

$149

eLearning
ID: E-06K9P0

2h 00m

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