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

NASBA Field of Study: Accounting

 

Overview

In this informative self-study webinar, you will quickly be brought up to speed on the PCAOB’s latest report on recent inspections related to audits of broker-dealers, and gain a number of useful tips and valuable insights to stay current and compliant.
 

AGENDA HIGHLIGHTS


•  Overview of 2021 4020T Report
   – Changes in presentation
   – Good practices
   – Inspections
      – By the numbers
      – Results by category
   – Testing
      – Revenue
      – Internal Control Over Compliance (ICOC)
   – 2021 inspection status
      – Selection of firms and Broker-Dealer audits
      – Remote inspections
      – Inspections focus

•  Review of Exemption Reports  (AT No.2)
   – SEC Rule 15c3-3 exemption provisions
   – General requirements
   – Engagement coordination

•  Revenue Procedures
   – Risk Assessment
   – Audit procedures—valuation assertion and occurrence assertions
   – Financial presentation and disclosure

 

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.

PREREQUISITE  None.    ADVANCE PREPARATION  None.    PROGRAM LEVEL  Update.    NASBA FIELD OF STUDY  Accounting.
DELIVERY METHOD  Self-Study.

Detailed Learning Objectives

• Recognize various conclusions made by the PCAOB in their latest “Annual Report on the Interim Inspection Program Related to Audits of Brokers and Dealers”

• Recognize the objectives of the PCAOBs inspections 

• Identify specified results from the latest PCAOB inspection reports