Master the intricacies of materiality with the PCAOB AS 2105 Webinar, a focused 2 CPE-credit course crafted for CPA firm staff and auditors working on PCAOB-regulated audits. This engaging session equips professionals with the skills and understanding needed to integrate materiality considerations seamlessly into audit planning and execution.

Why Attend the PCAOB AS 2105 Webinar?

1. Master Materiality in Auditing - Understand the critical role of materiality in planning and performing audits. Learn techniques to identify material misstatements and assess their impact.

2. Build Real-World Skills - Enhance your ability to integrate materiality principles into audit procedures, ensuring precise and reliable approaches to reviewing audit evidence.

3. Stay Compliant and Current - Gain expert guidance on adhering to PCAOB auditing standards, including the latest professional insights on applying AS 2105 principles.

4. Earn CPE Credits - Receive 2 NASBA-certified CPE credits in auditing, helping you meet continuing education requirements while advancing your professional knowledge.

What You’ll Learn

This two-hour morning session provides a deep understanding of PCAOB AS 2105 and its application in audit processes.

Key Topics Include:

1. Fundamental Principles of Materiality

Grasp the concept of materiality and its significance in auditing.
Understand how materiality decisions influence the "total mix" of financial information provided to investors.

2. Application in Audit Planning

Learn how to set materiality thresholds during the planning phase.
Focus audit procedures strategically on areas most likely to contain misstatements.

3. Integration into Audit Procedures

Explore how to apply materiality throughout audit procedures to ensure thorough evaluations.
Examine examples of aligning materiality considerations with reviewing audit evidence.

4. Impact on Audit Reporting

Understand how materiality thresholds shape audit reports.
Gain insights into transparent, accurate financial statement reporting.

Hands-On Learning Objectives:

By attending this webinar, you will:

Improve the efficiency and accuracy of your audits using materiality considerations.
Gain proficiency in applying PCAOB AS 2105 to both audit planning and execution.
Incorporate quantitative and qualitative assessments into materiality judgments.

Event Details

Schedule: Every eight weeks on Tuesdays from 10 a.m.–12 p.m. CST.
Delivery Format: Group-based online training.
Fee: $140 per attendee.
Private Events: On-demand sessions are available for two or more participants.

Who Should Attend?

This webinar is tailored for:

CPA Firm Staff and Auditors: Enhance your ability to align audits with industry standards and meet SEC compliance requirements.
Audit Teams Working with PCAOB Standards: Gain targeted knowledge to excel in regulated audits.
Audit Managers and Supervisors: Stay informed about how to incorporate the materiality framework into everyday audit procedures.

Why Materiality Matters in Auditing

Materiality plays a pivotal role in the audit process, helping auditors focus their efforts on areas most sensitive to potential misstatements. By defining what is significant to a "reasonable investor," auditors can ensure:

Enhanced Audit Focus: Concentrate resources on what truly impacts financial statements.
Comprehensive Insights: Improve the quality of financial reporting for greater transparency and trust.
Regulatory Alignment: Adhere to PCAOB and SEC requirements with precision and professionalism.

Strengthen Your Auditing Practices

Join the PCAOB AS 2105 Webinar to gain the confidence and skills necessary to align your work with professional standards and deliver audits that reflect accuracy and integrity.

Register now to reserve your spot, earn 2 CPE credits, and elevate your expertise in auditing materiality!

PCAOB AS 2105: Consideration of Materiality

$140.00

Dates Available

Quantity

Offered every eight weeks on Tuesdays at 10:00 a.m. to 12:00 p.m. Central Time in two CPE-Credit event.

We can schedule private events on your timetable for two or more attendees. Bring this event to your audit team now!

NASBA Program Disclosure:

Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 2, based on 50 minutes of instruction per hour
Based on the relevant professional literature and PCAOB Auditing Standard 2105:

Considering materiality is a complex process,

Requires substantial professional judgment,

Setting materiality requires both quantitative and qualitative considerations,

Audit planning focuses audit procedures on detecting quantitatively material misstatements,

Understanding that misstatements require the auditor to look both quantitatively and qualitatively to judge the effect on the financial statement opinion.
Attendees will:

Improve their efficiency and effectiveness

Understanding the audit materiality planning requirements as defined by the PCAOB in AS 2105

Understanding the audit progression requirements as defined by PCAOB AS 2105 concerning materiality
This CPE event on PCAOB Auditing Standard 2105, offered by CCS, delves into the critical aspects of considering materiality in the planning and execution of PCAOB audits.

This specialized session is tailored to provide auditors, accounting professionals, and individuals involved in financial reporting with comprehensive insights into the application of PCAOB Auditing Standard 2105, particularly focusing on the significance of materiality in audit procedures.

Throughout this CPE event, participants can expect to gain a deep understanding of the principles and requirements outlined in PCAOB Auditing Standard 2105, emphasizing the pivotal role of materiality in shaping the audit process. Through practical examples and real-world scenarios, industry experts will guide attendees in effectively navigating the complexities of materiality considerations, thereby enhancing their ability to plan and execute audits in accordance with regulatory standards and best practices.

This event aims to equip participants with the knowledge and proficiency required to integrate materiality considerations seamlessly into the audit framework, fostering precision, integrity, and compliance within the audit practice.
After attending the CPE event on PCAOB Auditing Standard 2105, it's crucial to further enrich your understanding by referring to authoritative sources. Here are some reliable sources along with their web links:

Public Company Accounting Oversight Board (PCAOB) Official Website The PCAOB's official website offers in-depth insights into auditing standards, including specific details about the considerations of materiality in planning and performing an audit, serving as a valuable resource for comprehensive understanding.

American Institute of Certified Public Accountants (AICPA) The AICPA provides resources and documents addressing materiality in planning and performing an audit, offering detailed guidance for accounting professionals seeking a deeper understanding of audit standards.

These sources will serve as valuable references to deepen your understanding of PCAOB Auditing Standard 2105 and stay abreast of industry best practices and regulatory guidelines.

PCAOB AS 2105: Consideration of Materiality

Details on Event Presentation

CPE Event Highlights

Learning Objectives

Key Issues on the Agenda

Summary of the Subject Matter

Authoritative Sources