Webcast: The Most Dangerous Elements of a GAAS Audit (XSGAA4119)
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The formula for a successful audit today consists of many elements. Some of those elements require more thoughtfulness and caution in their application than others. In this course, we will explore those more combustible elements that can cause the audit to blow up with the budget, peer reviewers, clients and others. The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of today's GAAS.

9/13/2019
When: September 13, 2019
12:30 PM until 4:00 PM
Where: Webcast
Surgent
GAA4-2019-01-WEBNR-256-01
United States
Presenter: Charles Blanton, CPA


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Acronym XSGAA4119
CPE 4 hours
Vendor Surgent
Category
Accounting & Auditing
Level Intermediate
Yellow Book? Yes
CFP Credit? No
Registration Fees
Members* $139
CPA Non-Members $189

*The member rate applies to LCPA members, other state CPA society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Texas CPAs: Our Texas State Board of Public Accountancy Sponsor number is #010423.

Course Description

The formula for a successful audit today consists of many elements. Some of those elements require more thoughtfulness and caution in their application than others. In this course, we will explore those more combustible elements that can cause the audit to blow up with the budget, peer reviewers, clients and others. The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of today's GAAS.

Objectives

  • Stay current on key aspects of maintaining professional skepticism and avoid problems with clients, peer reviewers, and others
  • Proficiently perform audits through an increased knowledge of how the various sections of GAAS are applied and interrelate to each other
  • Skillfully apply the more troublesome requirements used by auditors on a daily basis

Major Topics

  • The documentation standard to which auditors are held (AU-C section 230)
  • The auditor's responsibility related to fraud (AU-C section 240)
  • Properly applying the core risk assessment standards (AU-C sections 315 and 330)
  • Assessing and effectively communicating internal control deficiencies (AU-C section 265)
  • Audit conclusions and reporting (several AU-C sections in the 700s)

Designed For

All auditors

Requisite Knowledge:

Basic audit knowledge

Note: Login instructions will be provided by the webcast vendor (Surgent).