Surgent's Audit Quality Update
Available Until
Online/Webcast
2.00 Credits
Member Price $89.00
Non-Member Price $114.00
Overview
Engagement quality is the ultimate benchmark that auditors should be judged against. As a senior associate, you have primary responsibility for ensuring that all engagement work is performed on time, within budget, and in accordance with professional standards. Unfortunately, recent peer review results have shown us that our engagement quality is not always what it should be.
In this session, we will review the current status of the AICPA’s Enhancing Audit Quality initiative by reviewing recent results from peer reviews and points of focus for upcoming peer reviews. The session will review common sources of identified peer review deficiencies, relevant guidance related to these deficiencies and suggestions for how to improve engagement quality. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 4.)
Highlights
- 2017-2020 peer review results
- Common sources of peer review deficiencies
- AICPA Peer Review Program areas of focus for peer reviews
Prerequisites
Experience in accounting and attestation
Designed For
Accountants with several years in the auditing profession
Objectives
- Identify key elements of the AICPA’s Enhancing Audit Quality initiatives
- Recognize key trends noted in recent peer reviews
- Recognize the importance of audit documentation in the system of quality control
- Recall common peer review feedback identified on common attestation engagements
Preparation
None
Notice
This on-demand webcast can be taken at any time of your choosing and is valid for one year from the date of purchase. No live instructor is present, and an exam is required to earn credit. You must score 70% or higher to earn the certificate.
How do I access my Self-Study Package?
Visit https://www.surgentcpe.com/login and enter your username (your LCPA email address) and password. If you do not remember your password, press the "Forgot?" button to receive a password reset email. Once logged in, the page will refresh to display your account menu on the left side.
Non-Member Price $114.00
Member Price $89.00