New Broker-Dealer Audit Rules: An Update Direct from a PCAOB Regulator Self-Study Webinar (1.5 Hours)

New Broker-Dealer Audit Rules: An Update Direct from a PCAOB Regulator Self-Study Webinar (1.5 Hours)

CPE Credit: 1.5 Hours

Price: $129.00



In this informative self-study webinar, you will quickly be brought up to speed on the latest updates to the PCAOB standards. Plus, you will also learn the findings from the PCAOB’s latest report of the recent inspections related to audits of broker-dealers, and gain a number of useful tips and valuable insights on keeping current and complying.


•  PCAOB Standards Updates
   – Rundown of the basic elements and form of the New Auditor’s Report                                       

      – Determining auditor tenure
      – When Critical Audit Matters (CAM) don’t apply
   – Review of the standard-setting process and research projects

•  Summary of the inspections program for auditors of broker-dealers, including its objectives and
   reporting data

•  Outline of the 2019 Inspection Plan

•  2018 inspection results covering related audits and attestation engagements
   – Components of financial statement audit
   – Net capital and customer protection rules
   – Attestation engagements
   – Engagement quality review
   – Compliance with independence requirements

•  PCAOB enforcement activities
   – Sanctionable conduct on independence matters

•  Perspectives on other matters
   – Technologies and risks, including cybersecurity, cryptoassets and blockchain
   – Actions for audit firms
   – Considerations for broker-dealer owners and audit committees prior, during and at audit

•  Staying current


LEARNING OBJECTIVE  To update financial professionals working for broker-dealers on the latest rules and regulations from the PCAOB,
and share the best ways to handle these rules.



Detailed Learning Objectives

Recognize the characteristics of the current PCAOB auditor reporting standard

• Recognize the applicability of the Critical Audit Matters (CAM) requirements

• Identify the basic elements and form of the new auditor’s report

• Identify the PCAOB’s current planned research agenda

• Recognize recent trends in PCAOB inspections of broker-dealers and firms auditing broker-dealers

• Identify the most recent audit deficiency data regarding PCAOB inspections

• Identify the most recent PCAOB enforcement activity trends