Overview
The AICPA's Auditing Standards Board has several large projects that will be impacting entities in the near future. We'll take a deep dive into the changes related quality management as well as group audits. We'll also review common audit deficiencies. This course will keep auditors up to date on the work of the ASB.
Prerequisites
Prior experience with GAAS
Objectives
- Identify the potential impact of the SQMS standards on firms
- Recognize common audit deficiencies
- Recall the core elements of quality management
- Recall the changes to group audits
- Recognize the impact of the major projects of the ASB
- Recall the elements of the IAASB's LCE standard
Highlights
- Group Audits
- Quality Management
- Less Complex Entities
