SOX for the External Auditor - 4 CPEs
PCAOB Auditor Focused Events
Biweekly on Thursday's in 2021
Find Next Event Now
PCAOB Broker Dealer Inspection SEC AS CPE CPA CIA IIA External Audit risk training course compliance SOX 404 COSO ICFR ITGC Auditing Standard Audit standard report best workpapers NASBA
This CPE training has been developed specifically to assist External Audit firms to comply with the PCAOB Auditing Standard 2201.
This CPE training has been developed specifically to assist External Audit firms to comply with the PCAOB's expectations for the documentation concerning internal controls over financial reporting (ICFR). It is based on the best practices for auditing public companies, including planning engagements using the latest guidance from the SEC, PCAOB, COSO and COBIT.
This is one of several CPE seminars and workshops we present concerning compliance with the Sarbanes-Oxley Act. This CPE training seminar is designed for external auditors with PCAOB registered firms, attorneys, internal auditors and others engaged in the auditing of public companies.
Learn how the PCAOB Auditing Standards can be applied to test and evaluate internal control frameworks which comply with Sarbanes-Oxley. Improve your audit planning and documentation by improving your understanding of internal controls.
Follow the below links for further detail information:
. Seminar Highlights
. Learning Objectives
. Key Issues on the Agenda
The retail cost of the virtual 4 CPE event is $240 per attendee. Discounts are available for more than one attendee from each organization: (2) $455.00 (3) $650.00 (4) $815.00 (5) $1,020.00.
You can request this event for any day at any time with two attendees.
To reserve your space, click here on "SIGN-UP NOW!". You have to complete the registration form and use the corresponding "Submit Registration Form and Move to Payment Options Page" button for filing the registration and moving to the payment page.
Each attendee will receive 4 CPE Hours (YB). A certificate of completion will be provided.
Program Level of Understanding: Basic
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing, Information Technology
CPE Credits: 4, based on 50 minutes of instruction per hour
Virtual SOX for the External Auditor Events
PCAOB SEC AS CPE CPA CIA IIA External Audit risk training course compliance SOX 404 COSO ICFR ITGC Auditing Standard Audit standard report best workpapers NASBA
Benefits of Attending
"We are currently in a "perfect storm" in the area of internal control over financial reporting, which demands effective action by all participants in the financial reporting and auditing chain. Management, internal auditors, and external auditors will be navigating the updated Committee of Sponsoring Organizations of the Treadway Commission (COSO) "Internal Control - Integrated Framework" at the same time that external audit firms are taking steps to respond to PCAOB inspection findings associated with their audits of internal control." Jeanette M. Franzel, March 26, 2014 PCAOB Board Member
The PCAOB has focused on the external auditor's audit workpapers concerning internal controls and their testing. This seminar focuses on significant trends and emerging issues in audits of internal control over financial reporting and related PCAOB inspections issues. The material will provide some possible approaches for effectively navigating these issues.
This seminar is presented by internal control auditing experts that have extensive public accounting expertise and have presented this engaging seminar throughout the United States to CPA firms. The instructors will candidly share their experience and present a pragmatic approach to PCAOB standard compliance.
^ top of page ^
- Audit Planning Process under AS 5
- Risk Assessment Underlies the Entire Audit Process
- Structure of the COSO and COBIT Internal Control Frameworks
- Best Practices within Entity-Level Controls
- Assessment of Entity-Level Controls
- Testing the Effectiveness of Key Controls
- Summary of PCAOB Guidance and Presentations
- This seminar is based on the history of PCAOB activities and guidance (See History of PCAOB ICFR Assessment Activities below)
^ top of page ^
- Attendees will understand details within Auditing Standard 5
- Attendees will identify methods for improving their audit workpapers
- Attendees will understand entity-level controls and their application to risks
- Attendees will learn the available guidance from the PCAOB
- Attendees will discuss how internal controls are used by clients manage risk and reduce fraud
^ top of page ^
Key Issues on the Agenda
Section 1 - Introduction and Background
- History of Audits of Public Companies
- Definition of Internal Control
- Review of PCAOB Standards
Section 2 - Top-Down vs. Control-Based Compliance
- Where did COSO Originate?
- How COSO has developed
- The risk-based approach within AS 5
Section 3 - Internal Control Frameworks Under SOX
- What Internal Control Frameworks can be used by clients
- COSO as defined in the Small Company Guidance
- The 20 COSO Principles
- Valuable Reference Materials
- COBIT Information Technology Framework
Section 4 - PCAOB Auditing Standard 5
- Guidance for PCAOB Registered Auditors
- Planning the Audit
- Using a Top-Down Approach
- Testing Controls
- Evaluating Identified Deficiencies
Section 5 - Entity-Level Internal Controls
- Assessing Entity-Level Controls
- Examples of Key Controls at the Entity Level by COSO Principle
- Best Practices within the Control Environment
Section 6 - Sarbanes-Oxley Act of 2002
- Titles and Sections
Section 7 - Testing of Controls
- Testing Process
- Standards for Documenting and Testing Key Controls
- Sample Size Logic
- Measuring the Maturity of Controls
Section 8 - Going Forward
- Future of Regulation
- Roadmap to Compliance
- Lessons Learned
- Building Sustainability
- Dave’s Top Ten
top of page
Experts Providing Internal Audit Training Events
Corporate Compliance Seminars (CCS) was created by experts who enjoy providing CPE training events. All our experts have years of experience in providing training courses, workshops and consulting on internal controls, internal auditing, information technology, cybersecurity and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, CMMI, GRC, GAAP, IFRS, AICPA, GAO, NAIC, ISO, and IIA Standards. We are your best source for continuing professional education (CPE).
Our programs, live in-person, webinar and on-demand, provide CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations. CCS is focused on providing the best learning programs in using three distinct distribution channels: live in-person events, virtual webinar events and on-demand self-study e-learning.
Corporate Compliance Seminars presents CPE to a range of professionals, auditors, accountants, finance staff, compliance personnel, information technology (IT) professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule (MAR) compliance, auditing, internal controls, cybersecurity and compliance, and fraud prevention and detection.
Within the U.S.A. marketplace, Corporate Compliance Seminars allows the attendee to earn NASBA CPE credit.
Our events focus on the details of the Sarbanes-Oxley Act of 2002 (SOX), Internal Controls over Financial Reporting (ICFR), Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Frameworks, ISACA's Control Objectives over Information Technology (COBIT), Information Technology Infrastructure Library (ITIL), Open Compliance & Ethics Group's (OCEG) Governance, Risk & Compliance (GRC) methodology, PCAOB's Auditing Standard 5 (AS5), AICPA auditing standards, and NAIC regulatory model regulations and acts .
Our live in-person events are generally presented in a small classroom setting with two to five attendees. Over the last few weeks, we have come to the understand we need to provide distant e-learning events. We are now in the process of moving all our content to an online available status. We have created distant e-learning opportunities using both a virtual webinar event approach and on-demand e-learning self-study modules. These two e-learning approaches: webinars and on-demand self-study with extended web access to our content into the global continuing professional development (CPD) marketplace. In the webinar e-learning events we will limit the number of students to maximize the interaction between the live instructor and attendees. The on-demand self-study e-learning modules will be created and offered to meet the NASBA CPE credit requirements .
Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging internal audit training courses.
Our instructors have had direct experience in the following industries: financial activities, bank, insurance, healthcare, construction, leisure and hospitality, professional and business services, mining and oil & gas extraction, manufacturing, educational, government agencies, transportation, software, technical, hi-tech and agricultural.
top of page