November 25, 2022


Webinar


4 Total CPE Credits

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How SAS Nos. 134-145 Improve Risk-Based Audits

Learning Objectives

After attending this presentation you will be able to...

  • Identify new requirements related to audit reporting and required by-product communications
  • Recall core concepts fundamental to obtaining sufficient and appropriate audit evidence in compliance with recently-issued auditing standards
  • Recognize recent clarifications and enhancements made to improve the quality of the risk-based audit process
  • Recall significant new requirements of SAS Nos 134-145

Major Topics

The major topics that will be covered in this class include:

  • Key changes to audit report elements intended to improve the understandability of the nature and results of financial statement audits
  • Enhanced required by-product communications with management and those charged with governance to promote more reliable financial statements
  • Clarifications related to obtaining sufficient and appropriate audit evidence, including significant unusual transactions, related parties, going concern uncertainty, and accounting estimates
  • New definitions and requirements related to identifying and evaluating risks of material misstatement
  • Other important matters contained in SAS Nos. 134-145

CPE Credits Available

4
Total CPE
4
Accounting & Auditing

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

None

Intended Audience

Anyone with financial statement audit responsibilities

Provider

CPA Crossings

This event has ended.