Elevate your audit expertise with our comprehensive PCAOB Attestation Standard No. 1 CPE training, designed for CPA firm staff performing broker-dealer compliance examinations.

This two-hour session provides practical insights into Internal Control Over Compliance (ICOC), examination engagements, and the key requirements of this pivotal PCAOB standard. Earn 2 CPE credits while gaining the skills and knowledge necessary to enhance audit quality and ensure compliance with regulatory obligations.

Why Attend?

Earn 2 CPE Credits

Fulfill your Continuing Professional Education (CPE) requirements with this NASBA-approved training, earning two credits that enhance your expertise and meet professional standards.

Strengthen Compliance Understanding

Gain a solid grasp of PCAOB Attestation Standard No. 1 and learn how to effectively perform examination engagements related to broker-dealer compliance reporting.

Enhance Audit Quality

Master the techniques for testing internal controls, evaluating compliance assertions, and documenting procedures to produce high-quality attestation workpapers.

Learn from Industry Experts

Benefit from experienced instructors who can provide actionable insights and guidance, helping you align your audit practices with PCAOB requirements.

What You’ll Learn

This program equips attendees with the tools and knowledge required to perform examination engagements in compliance with SEC Rule 17a-5 and PCAOB Attestation Standard No. 1. Key takeaways include:

Examination Engagements: Understanding the objectives, procedures, and documentation required for broker-dealer compliance reporting.
ICOC Evaluation: Learn how to test internal controls over compliance effectively.
Reporting and Disclosure: Master the components of examination engagement reports, including broker-dealer compliance statements on net capital and reserve requirements.
Professional Skepticism: Apply professional judgment and skepticism when evaluating assertions and documenting findings.

Course Agenda

This interactive two-hour webinar will guide participants through the essential components of PCAOB Attestation Standard No. 1, with practical insights into its application.

Section 1 – Understanding PCAOB Attestation Standards

Overview of examination engagements under Attestation Standard No. 1
Context and objectives of broker-dealer compliance reporting
ICOC requirements and their significance

Section 2 – Examination Engagement Workflow

Testing controls over compliance
Performing compliance tests and evaluating results
Documentation requirements, including representation letters and communication

Section 3 – Reporting and Quality Control

Preparing and issuing compliance reports
Addressing subsequent events
Maintaining quality control and adherence to PCAOB standards

Section 4 – Practical Insights and PCAOB Guidance

Findings from PCAOB broker-dealer inspection programs
Strategies for improving audit quality and compliance

Who Should Attend?

This course is tailored for auditing professionals and CPA firm staff responsible for performing broker-dealer compliance examinations, including:

CPA Firm Staff Members engaged in PCAOB-regulated audits.
Engagement Quality Review Professionals focused on meeting SEC and PCAOB requirements.
Audit Quality Control Professionals seeking to improve engagement practices and outcomes.

Whether you are new to PCAOB compliance or looking to refine your skills, this training offers valuable insights for auditors at all experience levels.

Event Details

When: Every 8 weeks, Tuesdays, 1 p.m.–3 p.m. CST
Where: Online, group-based interactive training
CPE Credits: 2 credits (based on 50 minutes of instruction per hour)
Custom Training Available: Schedule private events tailored for groups of two or more attendees.

Importance of PCAOB Attestation Standards

PCAOB Attestation Standard No. 1 is an essential framework for ensuring the accuracy and reliability of broker-dealer compliance reporting. Effective application of this standard strengthens trust in financial systems by affirming that internal controls are in place and compliance requirements are met.

This training ensures that professionals understand the nuances of performing examination engagements, assembling high-quality workpapers, and addressing compliance challenges in a structured, efficient manner.

Register Today

Don’t miss this opportunity to advance your career and enhance your audit capabilities. Join our PCAOB Attestation Standard No. 1 CPE training to meet regulatory demands, improve audit quality, and gain the confidence required to excel in broker-dealer compliance engagements.

Sign up today and take the first step toward mastering PCAOB attestation standards and ensuring the highest levels of audit integrity and compliance.

Secure your place now to solidify your role as an expert in audit excellence!

PCAOB Attestation Standard No. 1

$140.00

Quantity

Offered every eight weeks on Tuesdays at 1:00 p.m. to 3:00 p.m. Central Time in two CPE-Credit event.

We can schedule private events on your timetable for two or more attendees.

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
This event covers for the external auditor how to deal with the PCAOB Attestation Standard No. 1 :

What are examination engagements?

How does the auditor approach Internal Control Over Compliance (ICOC)

How does the auditor perform an examination of the assertions made by a broker or dealer

What does the opinion on the assertions made by a broker or dealer cover?
Attendees will:

Improve their efficiency and effectiveness

Understand the PCAOB's objectives in compliance with Attestation Standard No. 1

Review the isssues within performing the Examination Engagement

Understand how to planning the Examination Engagement

Understand how to report on the Examination Engagement
Introductions and Administrative Items
Section 1 - PCAOB Attestation Standard No. 1

Performing the Examination Engagement

Testing Controls over Compliance

Performing Compliance Tests

Evaluating the Results of the Examination Procedures

Subsequent Events

Obtaining a Representation Letter

Communication Requirements

Reporting on the Examination Engagement

Section 2 - PCAOB Enforcement Activities

Section 3 - Going Forward
This CPE event on PCAOB Attestation Standard No. 1 serves as an invaluable resource for professionals seeking to gain a comprehensive understanding of this pivotal standard. The event delves into the essential components of the standard, offering insights tailored to practitioners involved in attestation engagements and audits overseen by the Public Company Accounting Oversight Board (PCAOB).

Key areas covered in this event may include:

Standard Overview and Applicability: A detailed exploration of the scope and applicability of PCAOB Attestation Standard No. 1, providing professionals with a clear grasp of its regulatory impact.

Engagement Considerations and Documentation: Guidance on best practices for conducting attestation engagements in accordance with the standard, emphasizing the requisite procedures and documentation requirements.

Examination and Reporting Obligations: Insights into the examination and reporting requirements stipulated by the standard, outlining specific criteria and disclosure considerations for compliance.

Quality Control Measures: Discussions on maintaining quality control procedures and exercising professional skepticism in alignment with the requirements of PCAOB Attestation Standard No. 1.

By addressing these crucial elements, the event aims to empower professionals with the knowledge and tools necessary to navigate the complexities of PCAOB Attestation Standard No. 1, ultimately ensuring adherence to regulatory standards and enhancing the quality of attestation services provided to stakeholders.
In this spirit of continuous learning and genuine engagement, CCS has curated a selection of resources that stand as pillars of knowledge, guiding lights that can help illuminate your path forward. These resources are more than just information; they are invitations to explore, to question, and to grow.

PCAOB Attestation Standard No. 1 - Examination Engagements: The bedrock of our exploration, PCAOB's Attestation Standard No. 1 itself, provides comprehensive details on the requirements when an auditor is engaged to perform an examination of certain statements made by a broker or dealer. It's the first stop on your journey to deepening your understanding.

PCAOB Staff Guidance: The PCAOB staff develops guidance to assist in the implementation of PCAOB standards and rules. These documents represent a practical approach to applying the standards, offering insights that can help bridge the gap between theory and practice.

AU Section 150 - Generally Accepted Auditing Standards: While focusing on auditing standards, AU Section 150 provides context that is invaluable for understanding the broader landscape of audit quality and the objectives to be achieved in an audit. This background can enrich your application of Attestation Standard No. 1 by grounding it in the principles of audit quality.

AICPA's Statement on Standards for Attestation Engagements (SSAE) No. 18: Though distinct from PCAOB standards, SSAE No. 18 offers parallel insights into attestation engagements. Understanding these standards can provide a comparative perspective that enriches your grasp of attestation practices and principles.

Each of these resources, carefully chosen, is more than just a step towards fulfilling professional requirements; they're part of a journey towards excellence, integrity, and a deeper connection to the work we do. They invite us to not just perform our roles but to embody the principles of diligence, transparency, and accountability that define our profession.

As you delve into these resources, may you find not only knowledge but also inspiration—a reminder of the vital role we play in maintaining the trust and confidence that are the bedrock of our financial systems. May this journey enrich your practice, enhance your understanding, and inspire a continued commitment to excellence in all that you do.

PCAOB Attestation Standard No. 1

Details on Event Presentation

CPE Event Highlights

Learning Objectives

Key Issues on the Agenda

Summary of the Subject Matter

Authoritative Sources