Enhance your auditing skills with our focused PCAOB AS 2305 Substantive Analytical Procedures Training Seminar. This two-hour CPE event offers deep insights into one of the key PCAOB auditing standards, providing attendees the knowledge and techniques to implement substantive analytical procedures effectively. Perfect for auditors, accountants, and financial professionals, this program emphasizes improving audit quality to meet today’s rigorous compliance requirements.
Why Attend?
1. Master Substantive Analytical Procedures - Learn the core principles, purposes, and benefits of substantive analytical procedures and how they enhance the reliability of financial statements.
2. Strengthen Audit Methodologies - Understand how PCAOB AS 2305 integrates with the audit process to acquire and evaluate evidence using analytical procedures.
3. Raise Your Professional Profile - Gain 2 NASBA-Approved CPE credits and advance your career with improved auditing skills and expertise.
4. Learn From Expert-Led Training - This course is led by instructors with Big 4 audit experience, blending theory with practical insights for immediate implementation in your auditing engagements.
What You’ll Learn
This seminar breaks down PCAOB AS 2305 into actionable components, covering key elements from understanding the standard to executing and documenting results.
Course Highlights
1. Comprehensive Overview of AS 2305:
- Learn the purpose and scope of PCAOB AS 2305.
- Explore the roles substantive analytical procedures play in acquiring reliable audit evidence.
2. Designing Substantive Analytical Procedures:
- Discover planning techniques for effective procedures tailored to specific engagements.
- Identify reliable data sources and establish accuracy and validity for meaningful outcomes.
3. Executing Analytical Procedures:
- Understand the practical application of variance and deviation analysis.
- Utilize professional judgment to evaluate reasonableness and expectations in financial assertions.
4. Evaluating and Documenting Results:
- Assess the reasonableness of results and determine if further procedures are needed.
- Meet PCAOB requirements for documenting substantive analytical procedures.
Key Topics Covered:
- Introduction to PCAOB AS 2305 and its audit significance.
- Analytical methods and techniques (including predictability and precision).
- Evaluating control deficiencies based on data results.
- Insights from recent PCAOB inspections and common findings.
Benefits of Attending
- Enhance Audit Quality: Strengthen the integrity and reliability of audits with well-executed analytical procedures.
- Practical Strategies: Walk away with actionable knowledge to implement in your next audit engagement.
- Professional Development: Position yourself as a knowledgeable professional by earning 2 CPE credits in Auditing.
Event Details
- Schedule: Held every eight weeks on Tuesdays, 10 a.m. – 12 p.m. CST.
- Delivery Format: Group Internet-Based, featuring interactive discussions and real-world applications.
- CPE Credits: 2 NASBA credits in Auditing.
- Cost: $140.
- Private Events Available: Options for two or more participants to cater to your specific team’s needs.
Who Should Attend?
This course is tailor-made for professionals seeking to refine their knowledge in PCAOB auditing standards, including:
- Auditors: Enhance the quality of your PCAOB-regulated audits.
- Accountants: Gain deeper insights into analytical procedures for financial reporting assurance.
- Financial Professionals: Strengthen the reliability of audit evidence with industry-relevant techniques.
Why PCAOB AS 2305 Matters
PCAOB Auditing Standard 2305 focuses on the strategic use of substantive analytical procedures, providing auditors with a robust framework for acquiring and evaluating evidence efficiently. By adhering to this standard, organizations can ensure:
- Audit Precision: Improved error identification and investigative rigor.
- Regulatory Compliance: Alignment with PCAOB standards for public companies.
- Enhanced Financial Quality: Confidence in the accuracy and validity of financial statement assertions.
Register Today
Take the next step in your professional development. With this 2 CPE credit seminar, you’ll gain the tools needed to excel in your audits and bring lasting value to your engagements.
Register now to solidify your expertise in PCAOB AS 2305 and elevate your auditing career!
PCAOB AS 2305: Substantive Analytical Procedures
Offered every eight weeks on Tuesdays at 10:00 a.m. to 12:00 noon 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