Public Company Auditing Update Self-Study Webinar
Overview
Auditing standards and regulatory oversight continue to change in response to inspection findings and enforcement activity. In this self-study webinar, unlock insight into recent developments affecting audit quality and professional responsibilities. Discover how to:
- Understand current regulatory focus areas in auditing
- Identify trends affecting audit planning and execution
- Strengthen audit readiness and compliance practices
Objective
To help CPAs and other finance professionals stay current on public company auditing developments and better prepare for regulatory expectations and inspection priorities.
DETAILED LEARNING OBJECTIVES
• Identify proposed legislative changes affecting the PCAOB’s structure and oversight responsibilities
• Recognize recent PCAOB leadership and governance changes
• Identify common audit deficiency areas highlighted in recent PCAOB inspection reports
• Understand PCAOB inspection selection priorities related to economic and geopolitical risks
• Recognize new auditor confirmation requirements under PCAOB standard AS 2310
• Understand the risk-based approach required under the PCAOB’s new Quality Control standard
• Identify key changes to auditor responsibilities and documentation timelines under PCAOB standard AS 1000
• Understand proposed PCAOB requirements related to noncompliance with laws and regulations (NOCLAR)
• Recognize proposed updates to substantive analytical procedures to reflect risk assessment and technology use
• Identify common themes in recent PCAOB enforcement actions and sanctions
Emphasis
- The latest updates and staffing changes
- Inspection results and areas of focus for the current inspection cycle
- Proposed amendments and new standards
- Recent regulatory actions and sanctions
Speakers
Zohaib Qamar, CPA, MBA, Partner, Citrin Cooperman & Company LLP
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