CPAR Auditing Practice

CPAR - 2020/April, Seg.01 - Applying Auditing Standards in a Scalable Manner

Course Overview
In today’s environment there are several influences that have a significant impact on the way auditors operate. Entities are setup in much more complex structures, technology rapidly advances in a way that’s affecting the way transactions are recorded and how information is kept, and there is an increase in the gap between auditors and stakeholders as to what’s required to be done and what’s expected to be done. Our crew was present at the 14th Annual Audit Conference organized by NASBA, the National Association of State Boards of Accountancy, on Ensuring Integrity, and recorded a panel discussion addressing ways to apply auditing standards in a scalable manner.

Learning Objectives:

Upon successful completion of this segment, you should be able to:
  • Identify influences impacting the way auditors operate;
  • Recognize action plans taken by regulators and oversight boards on scalability of the standards;
  • Determine the importance of understanding the design and implementation of controls; and
  • Identify the IAASB’s and AICPA’s concerns on the way CPA firms approach risk assessment and the need to explore a different level of assurance.

Prerequisites/Advanced Preparation:

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

Speaker / Author:

SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1443-FM

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

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