Audit Quality Update and Future of Audit WEBINAR

Overview

Discuss the progress of AICPA’s Enhancing Audit Quality initiative. Evaluate whether or not audit quality is improving and look at the trends contributing to improved audit quality. Identify the major issues coming to light as a result of the initiative and the related resources issued by the AICPA to improve practice quality. Review AICPA’s Auditing Standards Board project on Quality Management Standards that is expected to significantly overhaul firm quality control systems.

Highlights

Update on AICPA’s Enhancing Audit Quality initiative. Trends in audit quality, the biggest audit quality challenges. AICPA’s proposed Quality Management Standards. Issues and tips for achieving high-quality engagements.

Prerequisites

None.

Designed For

Members in public accounting.

Objectives

Identify trends in audit quality and how the AICPA’s Enhancing Audit Quality initiative is improving practice quality by identifying challenges, providing training and remediation, and releasing free resources. Identify the significant changes proposed in the AICPA’s new Quality Management Standards. Recall practice tips to improve audit quality.

Preparation

None.

Notice

None.