Overview
This self-study webinar from our popular SEC Conference will update financial professionals on the most recent PCAOB rules and standards for audits, and show them how to successfully avoid unnecessary and costly pitfalls.
AGENDA HIGHLIGHTS
• Organizational Update
• Current Standard Setting Activities
– Short-term projects
– Quality control standards
– Noncompliance with laws and regulations
– Attestation standards update
– Going concern
– Confirmations
– Mid-term projects
– Substantive analytical procedures
– Fraud
– Interim ethics and independence standards
– Interim standards
– Data and technology
– Audit evidence
• Inspections Highlights
– Common deficiencies
– Examination Engagements
– Review Engagements
– Audit Engagements
– Auditing Supplemental Information
– Quality Control Systems
– Good practice observations
– Fraud
– SPACs and De-SPACs
– Going Concern
– Cash & Cash Equivalents
• Other Current Trends
– Use of service provider in confirmation process
– Considerations related to the invasion of Ukraine
– Audit committee engagement
– PCAOB inspection reports
– Agreement with Chinese authorities
LEARNING OBJECTIVE To update financial professionals on the most recent PCAOB rules and standards for audits, and show them
how to successfully avoid unnecessary and costly pitfalls.
PREREQUISITE None. ADVANCE PREPARATION None. PROGRAM LEVEL Update. NASBA FIELD OF STUDY Auditing.
DELIVERY METHOD Self-Study.
Speakers
SPEAKERS
Emily Fitts, Partner, Deloitte & Touche
Yoland Sinclair, Senior Manager, Deloitte & Touche
Detailed Learning Objectives
• Recognize the PCAOB’s short-term and mid-term standard setting projects
• Identify the characteristics of the recent amendments to auditing standards relating to the planning and supervision of audits involving other auditors
• Recognize current PCAOB staff research and engagement outreach activities
• Recognize the most recent PCAOB inspections’ highlights
• Identify announced areas of focus for upcoming PCAOB inspections
• Recognize the agreements contained within the recently signed PCAOB/Chinese Statement of Protocol