Recent generally accepted auditing standards were written to improve the quality of risk-based financial statement audits, audit reporting, and required by-product communications. This course will discuss the important clarifications and enhancements intended to improve audit quality to ensure better compliance with requirements contained in the SASs. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Describe the foundational ethical principles contained in the Yellow Book
- Indicate the independence requirements, including when performing both audit and non-audit services
- Recall the continuing education rules contained in Yellow Book that support ethical principles
Major Topics
The major topics covered in this class include:
- Common applications related to initial recognition and measurement, subsequent measurement or derecognition, presentation, and disclosure of cryptocurrency and other digital assets
- Feedback from the AICPA's Digital Assets Working Group intended to assist auditors with opining on these digital records