FMN Auditing

FMN - 2021/October, Seg 3 - Critical Audit Matters: Implementation and Implications

The PCAOB and the Center for Audit Quality recently released reports on the implementation of Critical Audit Matters (CAMs) reporting. Dan Goelzer, one of the founding members of the PCAOB, provides an update on the findings in those reports and their implications for accountants and auditors. He also reviews the three principal causes of fraud as outlined in a report published by the Anti-Fraud Collaboration group.

Learning Objectives:

  • Recognize what a Critical Audit Matter (CAM) is;
  • Describe the results from recent studies on CAMs;
  • Recognize the accounting problems that could result from the global pandemic; and
  • Identify the three principal causes of fraud according to a study by the Anti-Fraud Collaboration group.


Prerequisites/Advanced Preparation:

Work experience in financial reporting or auditing, or an introductory course in auditing.


Speaker / Author:

Dan Goelzer, one of the founding members of the PCAOB, gives some insights on these questions.

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Price (USD)

Standard: $69.90

Details

Course Code : FMN1418-FM

Release Date : 10/09/2021
Expire Date : 05/14/2023
Credits :
CPE 2.00
QAS 2.00

Course Level : Update
Length : 1hr 40min
Course Type : QAS Self-Study

Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Auditing

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