Webinar

Are You Up to the Challenge? Test Your Skills as a Quality Control Reviewer

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

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Have you ever wanted to reduce the number of financial statement review points you receive? Are you curious about a reviewer's thought process? This hands-on session will answer these questions by helping you understand the role of an engagement quality control reviewer. Not only will you develop an appreciation for the role of an engagement quality control reviewer, but this interactive session will allow you to step into the reviewer's shoes by performing a quality control review during the class session. You will leave with an understanding of best practices for minimizing your exposure to critique by reviewers.

Major subjects

• AICPA professional standards
• EQCR expectations
• Firm-specific considerations
• Best practices for reducing the frequency of review points
• Best practices for mitigating the severity of review points
• Examples of common EQCR deficiencies
• The impending influence of SQMS No. 1, SQMS No. 2, SAS 146, and SSARS 26
• An interactive, hands-on EQCR simulation

Learning objectives

• Comprehend the AICPA's guidance regarding engagement quality control reviews (EQCRs)
• Recognize major considerations that might be involved in an engagement review
• Cultivate working knowledge that allows you to begin to think like a reviewer
• Understand recently issued guidance that will impact quality control for public accounting firms
• Recognize and document engagement deficiencies

Who should take this program?

• This course provides insight for anyone whose work is subject to supervisory or quality control review. It is also meaningful for professionals who review the work of others. The course emphasizes EQCR of financial statement engagements in the context of

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $129.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.