At the heart of every SEC-registered entity's audit lies a set of guiding principles and rules established by the PCAOB. The PCAOB Auditing Standards and Rules are not just formalities; they are the benchmarks against which the performance of accounting firms is measured during each audit engagement. It's about ensuring integrity, transparency, and excellence in financial audits - values we all hold dear. The inspections are designed to point out to the registered firm any departures from the PCAOB Auditing Standards.
For over two decades, the PCAOB has been refining these PCAOB Auditing Standards, creating a codified system that integrates twenty years of dedication to clarity and precision in SEC financial audits. This effort is not arbitrary; it's mandated under Section 103 of the Sarbanes-Oxley Act of 2002, requiring the PCAOB to set forth standards in auditing, quality control, ethics, independence, and more. It's about laying down the foundations upon which trustworthy audit reports for public companies can be built. The PCAOB inspection process looks at how each firm applies the PCAOB Auditing Standards to their audit work as documented in the audit workpapers.
In our upcoming CPE event, we'll take a closer look at the essentials:
- Rules of the Board
- PCAOB Related Rules
- PCAOB Auditing Standards
- Ethics & Independence Rules
- Quality Control Standards
- Attestation Standards
This two-hour morning CPE training event is specifically crafted for CPA firm staff members gearing up to navigate PCAOB-regulated audits using the PCAOB Auditing Standards as the criteria. With instructors who bring their Big 4 audit leadership experience into the classroom, you'll gain insights into adhering to the PCAOB Auditing Standards, not just in theory but in practice.
By joining us, attendees will not only earn 2 CPE Event Hours (YB) but also receive a certificate of completion, marking a step forward in your professional journey.
This is more than a chance to expand your knowledge on PCAOB Auditing Standards; it's an opportunity to equip yourself for success in the ever-evolving world of external auditing. Register now and take this significant step towards mastering the critical aspects of regulatory compliance and audit excellence. Let's embark on this learning journey together, embracing the challenges and opportunities that lie ahead with confidence and skill.
PCAOB Auditing Standards Overview
Offered every eight weeks on Mondays 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