The Auditing Standards Board of the AICPA has recently completed a project to update its standards surrounding auditor reporting. With more than half a dozen new Statements on Auditing Standards, effecting the entire 700 series of the professional standards, there is a lot to learn about the new requirements. This course will take you through the significant areas of Professional Standards, including highlighting the new areas and requirements. The audit report, while retaining much of the familiar language, is much different under these new standards. Let us walk you through to ensure compliance.
Forming an opinion and reporting on financial statements. Communicating key audit matters in the independent auditor’s report. Modifications or additions to the auditor’s report. Other or supplementary information in the auditor’s report.
Practitioners providing auditing services to nonpublic entities.
Identify the requirements of the reporting sections of AICPA Professional Standards. Recall the form and content of the standard auditor’s report and when and how to modify the standard report.
2009 AICPA Outstanding Discussion Leader Award winner!
Leah Donti is an internationally credited certified management accountant who has operated her own private seminar practice since 1991. Ms. Donti’s practice offers seminars to prepare candidates for national accounting and finance examinations (CPA, CMA/CFM, CGA, and CFA). She also conducts in-house seminars for organizations across North America on topics such as IFRS, Sarbanes Oxley, compilations and reviews, auditing, stock options, business combinations, variable interests, revenue recognition, fair value accounting, business valuation, and FASB update. Prior to beginning her private practice in 1991, Ms. Donti worked for a major information management consulting organization, where she provided training to staff in offices across North America. She also worked with an accounting software firm, offering accounting education courses to clients on site. In addition, she held positions in internal audit and cost accounting with Canadian Pacific, the largest company in Canada and traveled all over the world.
Non-Member Price $309.00
Member Price $259.00