Current Audit Environment and ASB Activity

Prerequisites

Accounting professionals with audit experience

Highlights

Updates to auditing and attestation standards Recently issued exposure drafts Current environment and implication for audit planning

Objectives

• Identify key responsibilities related to risk assessment in every audit.
• Identify key requirements in recently issued statements on auditing standards and attestation standards.
• Recall proposed changes in exposure drafts of new proposed SASs.
• Recognize key elements included in new quality management standards and related proposed SAS and SSARS.