Identifying and Reporting Key Audit Matters

This course provides an overview of the identification and reporting of key audit matters. This includes a discussion of how to recognize key audit matters and the characteristics of key audit matters, as well as the process for evaluating key audit matters. This course also provides information about how to report key audit matters and provides example disclosures.

Learning Objectives:

  • Identify characteristics of the new AU-C Section 701.
  • Recognize characteristics of Key Audit Matters and how to evaluate them.
  • Identify requirements for how to report Key Audit Matters.

Prerequisites/Advanced Preparation:


Speaker / Author:

Rebecca Lee, licensed as a CPA in Alabama and South Carolina, is a Group Practice Leader for Kaplan Financial Education, powered by Loscalzo Institute, and a founding Principal with Brooke, Freeman & Lee. She serves as the assurance, quality control, and compliance principal with responsibilities for the audit practice.

She has served on numerous AICPA and state society committees, including the AICPA Management Consulting Service Professional Practice Subcommittee, Small Business Consulting Practices Subcommittee, and Council of the AICPA. She has chaired both the Management Advisory Committee and the Personal Financial Planning Committee of the Alabama Society of CPAs. Rebecca currently serves on the Illinois Society of CPAs Peer Review Committee, which serves multiple state societies of CPAs.

Rebecca has served as professor of management accounting in the graduate studies (Master in Public and Private Management) program at Birmingham-Southern College. Rebecca holds a BS degree in accounting from Jacksonville State University, along with a master’s degree in Accounting from Birmingham Southern College. She is a member of the Alabama Society of CPAs, the South Carolina Association of CPAs, and the AICPA.


Price (USD)

Standard: $49.90


Course Code : 99LEE02

Release Date : 05/05/2022
Expire Date : 05/31/2024
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Basic
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Auditing

Theme : Miscellaneous

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