Overview:
Focus on improving audit quality while discussing the AICPA's six-point plan to improve audit performance and audit quality indicators. Learn how practitioners can implement quality control mechanisms in their practices.
Objectives:
• Recognize peer review/inspection results • Identify common auditing failures • Determine how to develop an audit quality improvement plan
Major Topics:
• National auditing quality performance • Impact of PCAOB on industry • Common audit failures and why they occur • AICPA enhancing audit quality initiative • Audit quality indicators
Major Topics:
• National auditing quality performance • Impact of PCAOB on industry • Common audit failures and why they occur • AICPA enhancing audit quality initiative • Audit quality indicators
Designed For:
CPAs and auditors.
Prerequisites:
Experience performing audits, reviewing audits or reviewing auditor performance.