Enhancing Audit Quality: Best Practices in Documenting and Reviewing Your Work (IN PERSON ATTENDANCE)More Courses
SWLD-DM | In Person Training | Intermediate | Scheduled
- You may also attend this program via live webcast from your own computer. Register for the live webcast option HERE.
- IMPORTANT: ISCPA CPE course manuals are now all paperless. No printed copies will be distributed onsite. eMaterials will be available to download 5-7 days prior to the course in the My CPE Tracker section of the ISCPA website. Learn more here.
- Hear what 2018 attendees of this course had to say:
- "Very useful content and kept me interested throughout the day"
- "Perhaps the best auditing course I have taken in 29 years! I should have brought my entire staff"
- "Very practical and kept my attention"
- Accounting & Auditing
Involvement in supervision, review or other quality control functions.
Public accounting professionals with audit supervision and review responsibilities.
To provide tips and techniques for effective and efficient review of audit workpapers.
- Understanding the quality control standards and guidance related to a CPA firm’s responsibilities for its system of quality control over the audit practice.
- The primary purpose of audit documentation, and minimum documentation requirements.
- Tips for an efficient workpaper review process that complies with relevant standards.
- How to audit financial statement areas that commonly contain significant judgments or conclusions that require supporting audit
documentation, including when consultations may be appropriate.
- Discussing the financial statement audit risk concept, including how proper application better ensures a higher quality audit.
- Considering ethics as a critical element of high-quality workpaper reviews.
- The critical role of the engagement partner related to the overall quality of an engagement.
- The responsibilities of the engagement quality control reviewer in evaluating the significant judgments the engagement team made
and conclusions reached in formulating the report.
- The importance of monitoring compliance with engagement quality control policies and procedures.
Michael J. Morgan
Michael Morgan has over 30 years of experience in public speaking. He is President of Morgan and Robinson, P.C., a consulting firm specializing in International Auditing and Taxation. Mr. Morgan is licensed as a Certified Public Accountant in Georgia, Virginia, and New York. He is a member of the American Institute of Certified Public Accountants, as well as both the Georgia and Virginia Society of CPA's. He is a member of the Association of Certified Fraud Examiners. An accomplished author and instructor, Mr. Morgan has traveled internationally, writing manuals and conducting seminars on accounting and auditing related topics for former communist countries. He is also a nationally recognized instructor for the AICPA on topics of accounting and auditing, staff training, governmental and not for profit entities. For several semesters, he was an accounting instructor in the School of Business at Old Dominion University located in Norfolk, Virginia. Mr. Morgan is the recipient of several "Outstanding Discussion Leader" awards by the AICPA and has also received similar awards from the New York, Illinois, Nevada, and Virginia Society of CPA's. He has also been nominated for the Distinguished Eagle Scout Award. This award is presented to those who, as adults, distinguish themselves in their chosen profession utilizing the skills learned, as a youth, achieving the rank of Eagle Scout. [April 07]