Auditing Standards: What's New & Best Practices for Compliance-REMOTE

Description:

Remote access only to the Presentation:

Maine's Tracy Harding, the Auditing Standards Board (ASB) Chair and AICPA Chief Auditor will discuss recently issued standards for audits and attestation engagements. The discussion will also include the ASB's active agendas including ongoing efforts to modernize auditing and attestation standards, enhance ASB outreach to stakeholders regarding proposed standards and post-implementation reviews of issued standards. This session will feature a discussion of the current status of the ASB's projects to: Revise the quality control standards, revise the risk assessment standard, make narrow revisions to auditor communications regarding NOCLAR, and converge efforts on group audits.

Kate, a Pierce Atwood principal,  will discuss practical management and best practices in handling the new proposed standards regarding suspected non-compliance and fraud when a client is changing auditors and addressing the ethical implications.

Highlights:

  • Apply new auditing, attestation and quality management standards in their engagements.
  • .Identify current ASB projects to keep attendees apprised of their status and facilitate their participation in the stakeholder feedback process
  • PEEC's Exposure Draft: NOCLAR- Noncompliance with Laws & Regulations
  • Best practices for handling the new proposed standards
  • Ethical considerations regarding suspected non-compliance and fraud when a client is changing auditors

Objectives:

Provide an update, with insights on the hottest new topics impacting auditing standards including compliance tips and ethical considerations.

Prerequisites:

Familiarity with basic auditing standards and procedures.

Notes:

Auditing, Standards, Compliance, Ethics

Credits:

2

Course Level:

Intermediate

Members

Standard Fee: $30.00

Non-Members

Standard Fee: $35.00

Register Now

Start:

September 28, 2021 9:00am

End:

September 28, 2021 11:45am

Check-in starts at 8:30am

Designed For:

CPAs, accountants, finance professionals and business advisors

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