There are areas that auditors may struggle with in performing audit engagements. This may be because the standards are not well understood or there are challenges in applying them, especially in the context of a less complex entity. This course addresses hot topics in auditing standards including CAS 230 Documentation, CAS 240 Fraud, CAS 260 Communication with TCWG, CAS 315 Identifying and Assessing Risk, CAS 500 Evidence, CAS 530 Sampling, CAS 540 Auditing Estimates and CAS 700 Reporting.
Through an exploration of the standards, illustrative examples and guidance on practical application you will strengthen your ability to conduct effective and efficient engagements.
$145.00
By the end of the session participants will be able to:
Design and implement your system of quality management and meet the requirements of CSQM 1 through our efficient workshop approach. We work with you every step of the way to save you time and provide peace of mind in getting it done (10+ CPD hours).
Strengthen quality in audit engagements by understanding current CAS hot topics, typical challenges faced in meeting requirements with guidance how to address them efficiently (2.0 CPD).
Strengthen compilation engagements by understanding CSRS 4200 hot topics, the typical challenges faced in meeting requirements and how to address them efficiently (1.0 CPD).
Understand and implement the requirements of identifying and assessing the risk of material misstatement to perform effective and efficient audit engagements (1.5 CPD).
Being in public practice inevitably means you will encounter issues, a structured approach to researching and resolving issues will help to save time and be effective. (1.0 CPD).
Identify and implement the requirements of auditing accounting estimates and related disclosures in an effective and efficient manner (1.0 CPD).
It can be a challenge to get things done and the ability to find hidden moments throughout the day helps practitioners tackle their many competing priorities in practice (1.0 CPD).
Fraud happens in all types of organizations and it is important to appreciate the responsibilities related to fraud risk in order to respond and determine impact on engagement report (1.0 CPD).
Ethics is fundamental to being in public practice and it is important to understand concepts, have an ethical decision-making process and identify biases to strengthen your practice (1.0 CPD).
We talk to our clients every day and strong communication skills helps to hold better client discussions, even those difficult ones (1.0 CPD).
Develop critical thinking skills to maintain an attitude of professional skepticism in engagements (1.0 CPD).
Understand and appreciate the requirements of CSRS 4400, an engagement that may be an alternative in meeting your client’s requests (1.0 CPD).
Strengthen review engagements by understanding current CSRE hot topics, typical challenges faced in meeting requirements and how to address them efficiently (1.0 CPD).
Appreciate the requirements of analytical procedures and how to incorporate preliminary, substantive and final analytics into audit engagements in an efficient manner (1.5 CPD).
Identify and implement the requirements of understanding, selecting and testing journal entries in an effective and efficient manner (1.5 CPD).
Develop an effective and efficient approach to performing file and working paper reviews on audit and other engagements (1.0 CPD).