Surgent's Audit Quality Update

Available Anytime

Location: Online

2Credits

Accounting and Auditing

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FICPA Members

~~$89.00 Regular Price~~

Nonmembers

$119.00 Regular Price

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Product Code: SU24-A4S2-SSWC

Level: Intermediate

Vendor: Surgent

Field of Study: Auditing

Overview:

Engagement quality is the ultimate benchmark that auditors should be judged against. As a senior associate, you have primary responsibility for ensuring that all engagement work is performed on time, within budget, and in accordance with professional standards. Unfortunately, recent peer review results have shown us that our engagement quality is not always what it should be. In this session, we will review the current status of the AICPA's Enhancing Audit Quality initiative by reviewing recent results from peer reviews and points of focus for upcoming peer reviews. The session will review common sources of identified peer review deficiencies, relevant guidance related to these deficiencies and suggestions for how to improve engagement quality. (Please Note: This module is part of Surgent's Audit Skills Training: Level 4.)

Objectives:

Identify key elements of the AICPA’s Enhancing Audit Quality initiatives
Recognize key trends noted in recent peer reviews
Recognize the importance of audit documentation in the system of quality control
Recall common peer review feedback identified on common attestation engagements

Major Topics:

2017-2020 peer review results
Common sources of peer review deficiencies
AICPA Peer Review Program areas of focus for peer reviews

Designed For:

Accountants with several years in the auditing profession

Prerequisite:

Experience in accounting and attestation

Additional Info:

You will receive an email from info@surgent.com with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.