PCAOB Auditing Standards Overview
The PCAOB board dictates the professional standards and rules that registered auditing firms must use when providing services to a SEC registered entity.
These standards and rules are the criteria used to monitor accounting firms performance on each audit engagement. The PCAOB has codified the auditing standards that they have adopted over the past sixteen years. This codification has a single, integrated numbering system.
The PCAOB is required to establish or adopt, or both, auditing, quality control, ethics, independence, and other standards relating to the preparation of audit reports for public companies, in accordance with Section 103 of the Sarbanes-Oxley Act of 2002.
The following are the PCAOB rules and standards covered in overview within this event:
Rules of the Board
Standards & Related Rules
Ethics & Independence Rules
Quality Control Standards
This timely, two hour CPE training event is designed for the CPA firm staff members who will be working on PCAOB regulated audits. The attendees will learn the basics about the contents of the PCAOB Auditing Standards.
The retail cost of the online 2 CPE internal auditor training event is $120 per attendee.
Each attendee will receive 2 CPE Hours (YB). A certificate of completion will be provided.
Program Level of Understanding: Basic to Intermediate
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
CPE Event Highlights
The seminar reviews and answers the following questions:
What are the PCAOB Standards and Rules?
What are the Auditing Standards?
What are the Ethics and Independence Rules?
What are the Quality Control Standards?
What are the Attestation Standards?
Understand the PCAOB's Standards and Rules.
Understand how the PCAOB uses these items as its regulatory enforcement criteria.
Understand the structure of the PCAOB documents and their overall contents.
Key Items on the Agenda
Section 1 - Introductions
What is the "PCAOB"?
The Tactics Behind Financial Audits
Section 2 - Auditing Standards
Section 3 - Rules of the Board
Section 4 - Quality Control Standards
Section 5 - Attestation Standards & Other Rules
Section 6 - Summary and Going Forward