Course objectives
This course is designed to cover all the more important recent developments in US Generally Accepted Auditing Standards (USGAAS). The course will typically concentrate on changes that are due to be applied for the first time to audits starting in the next three to six months, it will also consider the issues arising from changes introduced in the previous 12 months.
Typical content
- Changes introduced by the PCAOB that are now effective
- Changes to SEC regulations which will impact on audit work including other regulatory changes such as money laundering and data protection regulations
- Matters to consider arising from audit regulatory enquiries and investigations conducted by the PCAOB and other similar organisations
Typical practical work and case studies
- Practical case studies and examples that will be suitable to the important areas of change – such as enhanced responsibilities for the assessment of whether an entity is a going concern
- Review of typical audit questionnaires being sent by US based audit firms
- Review and analysis of points raised in PCAOB investigations
Duration and guideline fee
3 hour course – £850
Recommended maximum group size – 30
Potts Financial Training 