The AICPA Independence Rule: An Introduction for Audit, Assurance, and Attestation Professionals

Description

Independence is the foundation of credible audit, assurance, and attestation reporting. This course introduces the AICPA independence rule for early-career professionals and others new to attest work. Participants will learn what independence means, how financial interests and relationships can threaten independence, and which safeguards can reduce those threats. Upon completion, participants will be able to evaluate independence for prospective clients and engagements and maintain independence throughout the engagement.

Objective

Apply the AICPA's conceptual framework to independence threats in engagements Understand what is required to be independent on an attest, audit, or assurance engagement Identify and address activities that impair independence Implement effective safeguards to maintain independence in complex situations

Attendee Information

David Peters, CPA, CFP, CLU, CPCU, MST, MBA

Required Knowledge

None

Credit Types

CPE – Regulatory Ethics