December 6, 2024

Live Webcast

NYSED 4

Avoiding Deficiencies in Peer Reviews: Focus on Engagement Quality Webcast

December 6, 2024
Live Webcast
NYSED 4

  • Instructor

    Sharon
    Martin

  • AICPA’s Enhancing Audit Quality initiative
  • Recent revisions to Quality Management standards
  • Feedback from peer reviews, including areas driving deficiencies in audit
  • Elements of an effective risk assessment and how to link to audit procedures performed
  • Understanding internal controls and making the decision whether or not to test them
  • Best practices in documentation

Learning Objectives

  • Identify key elements of the AICPA’s Enhancing Audit Quality initiative
  • Recognize changes in Quality Management standards
  • Recognize key trends in recent peer review deficiencies noted
  • Identify professional standards related to performing a risk assessment, understanding and testing internal controls, and linking these procedures to further audit consideration
  • Implement best practices to help ensure overall engagement quality

Major Topics

  • AICPA’s Enhancing Audit Quality initiative
  • Recent revisions to Quality Management standards
  • Feedback from peer reviews, including areas driving deficiencies in audit
  • Elements of an effective risk assessment and how to link to audit procedures performed
  • Understanding internal controls and making the decision whether or not to test them
  • Best practices in documentation

CPE Credits Available

NYSED 4
4
Auditing (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Auditing (NYSED)

Prerequisites

Experience in accounting and auditing

Advanced Preparation

Experience in accounting and auditing

Intended Audience

Accounting and auditing practitioners at all levels desiring to improve engagement quality

Provider

Surgent McCoy CPE LLC

This event has ended.