The major topics covered in this course include:
- Overview of the trends in the practice environment impacting audit quality
- Update on the AICPA's Enhancing Audit Quality
- AICPA Peer Review Board's areas of focus
- Common peer review, ethics, and regulatory findings
- How the current business climate is challenging compliance with professional standards and the key areas to focus on during the audit risk assessment process
- Common practice issues and tips for achieving high quality engagements
- AICPA's Quality Management Standards and strategies for implementation
- Emerging technologies and new assurance opportunities