Independence for Auditors - AICPA, PCAOB, GAO & DOL
Overview
Independence requirements are foundational to audit quality, yet they vary depending on the applicable regulatory and professional framework. This course provides a practical overview of auditor independence rules and highlights key similarities and differences across major standard setters and oversight bodies.
Participants will review independence requirements issued by the AICPA, Government Accountability Office (GAO), Department of Labor (DOL), and the Public Company Accounting Oversight Board / SEC. The course emphasizes common areas of confusion, nuanced differences among the frameworks, and considerations auditors should keep in mind when performing attest services for different types of clients.
This overview course is designed to help auditors recognize which independence rules apply in various engagement scenarios and better position themselves to meet applicable independence requirements.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics that will be covered in this course include:
- Independence requirements issued by the AICPA, Government Accountability Office (GAO), Department of Labor (DOL), and the Public Company Accounting Oversight Board / SEC.
- Common areas of confusion, nuanced differences among the frameworks, and considerations auditors should keep in mind when performing attest services for different types of clients.
Prerequisites
None
Designed For
Accountants and Auditors
Objectives
After attending this presentation, you will be able to...
- Recognize independence requirements under the AICPA, GAO, DOL, and PCAOB/SEC frameworks.
- Identify key differences in independence requirements among these standard-setting and
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by CPA Crossings.
Leader(s):
Leader Bios
Melisa Galasso, Founder and CEO, Galasso Learning Solutions LLC
Melisa F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI.
Melisa is a Certified Speaking Professional (CSP), a Certified Professional in Talent Development (CPTD), and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers.
Melisa serves as the Co-Chair of the NCACPA's A&A committee and as a Subject Matter Expert for the AICPA's Center for Plain English Accounting (CPEA). She has also served on the FASB's Not-for-Profit Advisory Committee (NAC), AICPA Council, and the AICPA's Women's Initiative Executive Committee (WIEC). She also previously served on the AICPA's Technical Issues Committee (TIC) and the VSCPA's Board of Directors. In addition, Melisa is the author of Money Matters for Nonprofits: How Board Members Can Harness the Power of Financial Statements by Understanding Basic Accounting which is available on Amazon or anywhere you purchase books online.
Melisa received a Top 50 Women in Accounting Award in 2021 by Ignition, was a 2020 Enterprising Women of the Year Award recipient and was honored as a "40 under 40" by CPA Practice Advisor in 2017, 2018, and 2019. She was named the 2019 Rising Star by her regional NAWBO chapter, received the Don Farmer award for achievement in technical content instruction, and has earned several other awards for public speaking and technical training.
Prior to establishing Galasso Learning Solutions, Melisa worked in public accounting, industry, internal audit, and academia.
She received a Bachelor of Science in Business Administration with a concentration in Accounting and International Business from Georgetown University.
Melisa actively supports several causes that empower women. She is the Chair of the Advisory Board for Girls on the Run Greater Charlotte. In 2023, she was one of 31 women selected as part of Dress for Success Charlotte's Power Hour. She also serves as the Education Chair for the Board of Directors for NAWBO Charlotte.
Non-Member Price $199.00
Member Price $149.00