Compliance Audits (Completed)

Date: Thursday, July 25, 2019
Instructor: Salvatore Collemi
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs

This course discusses the applicability and objectives of auditors performing Compliance Audits under AICPA Professional Standards (AU-C 935) as well as management’s responsibilities. It provides a high-level overview of the key definitions and requirements under the Standards.

Who Should Attend
Professionals in public practice who are required by law or regulation, to perform a compliance audit.

Topics Covered

  • Introduction to the world of compliance audits
  • Auditor's and management's responsibilities
  • Definitions
  • Definitions
  • Performing Risk Assessment Procedures
  • Assessing Risk of Non-Compliance
  • Supplementary Audit Requirements
  • Management Representations
  • Subsequent Events
  • Reporting
  • Audit Documentation
  • Illustrative Reports

Learning Objectives

  • Identify key terminology used in Compliance Audits (AU-C 935)
  • Differentiate when AU-C 935 is applicable to an engagement
  • Describe management's responsibilities in a compliance audit and distinguish them from the auditor's responsibilities
  • Describe the key professional requirements of AU-C 935

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Auditing (2 hours)

Program Prerequisites
None

Advance Preparation
None

">
 Chat — Books Support