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Audit & Attest Update (the SASs, SSARS, SSAES, Fraud Trends, etc.) (LIAA31/23)

Event Description

This course focuses on explaining the theory behind major issues and trends, enabling professionals to understand the most important aspects of relevant professional standards related to audit and other attest services.

Designed For

Public accountants at all levels interested in remaining current on professional and regulatory requirements for performing various services for clients 

Objectives

  • Describe “hot topics” in the audit and attestation profession
  • Explain how to manage risk associated with audit and nonaudit services
  • Discuss practical examples of implementing changing professional and relevant regulatory requirements 

Major Subjects

  •  Frequently asked questions related to SSARSs financial statement preparation, compilation and review engagements
  • When to apply the latest attestation standards contained in SSAEs
  • Mitigating risk associated with nonattestation services, including responding to requests for third party verification (comfort letters)
  • Recent revisions to generally accepted auditing standards, including audit and reporting requirements 
  • Highlights of COSO’s internal control and enterprise-wide risk management guidance
  • Current fraud trends in today’s business environment
  • Other matters that should be on your radar