Quality management is important. Every CPA firm that provides audit and other attest services must undergo a third-party quality control review. This audit and asset CPE course equips CPA firms with essential strategies for managing quality control in audit and attest services. Focused on peer review requirements, the auditing CPE course examines common deficiencies identified by the Center for Audit Quality and PCAOB, while providing practical guidance for risk management and quality control procedures. Participants in this auditing CPE will learn best practices for maintaining professional standards across all attest engagements, with emphasis on implementing effective quality control systems and addressing key risk areas identified in recent quality control reviews.
Learning Objectives
Upon completion of this course, participants will be able to:
Describe the potential impact of risks faced by public accountants when performing audit and other attest services;
Explain the results of the findings and recommendations made by the Center for Audit Quality and PCAOB as an outcome from quality control reviews;
Recall common peer review deficiencies in all types of attest engagements; and
Apply best practices for ensuring professional, technical, regulatory and ethical standards for various audit and other attest services.