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Previous Title: AICPA's Annual Update: Top 12 Audit Issues Facing CPAs
The AICPA’s technical hotline provides prompt, high-quality, nonauthoritative advice by phone concerning issues related to auditing standards. Enhance your knowledge and application of professional judgment reviewing the top auditing issues faced by practitioners, as reflected by continual AICPA Technical Hotline calls over the past year.
This course will help you to understand the reporting of deficiencies in internal control, and identify and respond to increased audit risks and pitfalls. A special focus is on audit issues currently causing the most trouble for practitioners, such as risk assessment, auditing fair values, and reporting on information outside the basic financial statements.
Prerequisite: Basic knowledge of auditing and related standards
Advanced Preparation: None