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SAS 142 and 143: Auditing Estimates and Audit Evidence

12:00 pm–1:15 pm ET

CPE SelectAvailable with CPE Select

# of CPE Credits

1.5

Description

After the reporting suite, the Auditing Standards Board issued two standards impacting how we perform our audits. With the rise of technology by both auditees and auditors, the concept of audit evidence needed an update. With new definitions and requirements, these standards bring audits into the 21st century. In addition, as financial reporting frameworks transition from rules?based to principles?based approaches, auditors need to be more comfortable auditing a larger variety of estimates. As a result, the ASB provides some changes to the risk?based approach to auditing estimates foreshadowing the changes expected in risk assessment. This interactive course will not only look at the changes but how to effectively implement and potential changes needed to methodology and quality control to be ready to implement with minimal disruption.

Objective

* Identify changes to the audit evidence standards * Recognize the changes to the AU-C 540 for auditing estimates

Highlights

See course description

Who Should Attend

Accountants in public practice

Required Knowledge

Prior experience with audit standards of the AICPA

Advanced Prep

None

Event Speaker(s)

Mrs. Melisa Fay Galasso, CPA ( Galasso Learning Solutions LLC, Charlotte, NC ),

Additional Event Information

Technical Support
Contact NCACPA if you need assistance with your online program. For the quickest results, email the Online Learning Team at [email protected], and a team member will contact you shortly.

If you need assistance with internet access issues, browser capability, or when the NCACPA office is closed* please call Freestone Technical Support at 866-702-3278 or by email at [email protected] .

*NCACPA office hours are 9:00 am–5:00 pm ET. Online Learning Team members will be available via email 30 minutes prior to the start of a live online program.

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CPE Select Pass Policies
The CPE Select pass is available only for NCACPA members and the price is applicable for an individual user. The pass includes access to on demand and webinar programs, but excludes webcasts, “hot topic” webinars, and on demand Ethics programming. All eligible programs for the CPE Select pass will be marked in the online catalog and in promotions. Licensed CPAs who elect the student membership status must provide proof of enrollment in an advanced degree.

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Share This Event

Event Vendor:Galasso Learning Solutions LLC
Field of Study:Auditing
Level: Update

Event Type:Webinar
NASBA Instructional Method:Group Internet Based
Event Code:WB018621

Registration Fees

RegistrationEarly BirdRegular
CPE SelectN/A$0.00
NCACPA MemberN/A$70.00
Non-MemberN/A$105.00
CPE Sponsors LogoThe North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.

For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.