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
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