Focus on improving audit quality while discussing the AICPA's six-point plan to improve audit performance and audit quality indicators. Learn how practitioners can implement quality control mechanisms in their practices.
Learning Objectives
- Recognize peer review/inspection results
- Identify common auditing failures
- Determine how to develop an audit quality improvement plan
Major Topics
- National auditing quality performance
- Impact of PCAOB on industry
- Common audit failures and why they occur
- AICPA six-point plan
- Audit quality indicators
