22WX-3497: How SAS Nos. 134-145 Improve Risk-Based Audits (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Monday, March 20, 2023
1:00pm - 5:00pm Central Time
4 CPE (4 technical)

Recent generally accepted auditing standards were written to improve the quality of risk-based financial statement audits, audit reporting, and required by-product communications. This course will discuss the important clarifications and enhancements intended to improve audit quality to ensure better compliance with requirements contained in SAS Nos. 134-145.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

• Key changes to audit report elements intended to improve the understandability of the nature and results of financial statement audits
• Enhanced required by-product communications with management and those charged with governance to promote more reliable financial statements
• Clarifications related to obtaining sufficient and appropriate audit evidence, including significant unusual transactions, related parties, going concern uncertainty, and accounting estimates
• New definitions and requirements related to identifying and evaluating risks of material misstatement
• Other important matters contained in SAS Nos. 134-145

Learning objective(s)

• Identify new requirements related to audit reporting and required by-product communications
• Recall core concepts fundamental to obtaining sufficient and appropriate audit evidence in compliance with recently-issued auditing standards
• Recognize recent clarifications and enhancements made to improve the quality of the risk-based audit process
• Recall significant new requirements of SAS Nos 134-145

Who should take this program?

Anyone with financial statement audit responsibilities

Fees

Standard Member Fee	$139.00
Standard Nonmember Fee	$139.00