Audit & Assurance: Staff Four - In-Person
Achieve new professional heights with the Audit & Assurance: Staff Four – In-Person training. Designed for senior audit staff and experienced in-charge professionals, this advanced program focuses on equipping you with the skills to handle increasingly complex financial auditing topics while preparing you for leadership and management roles. With 16 Continuing Professional Education (CPE) credits, this in-person training is your next step toward mastering the tradecraft of senior auditing and preparing for future responsibilities.
Why Attend This Program?
Earn 16 NASBA-Approved CPE Credits
Satisfy professional education requirements while acquiring advanced skills that will bolster your career growth.
Deepen Your Expertise in Advanced Audit Topics
This session equips you to confidently handle intricate subjects like revenue recognition, income taxes, estimates and fair value, and other essential areas of financial reporting.
Prepare for Leadership in Audit Management
Gain tools and frameworks to approach engagement supervision, advanced risk assessment, and client relationships with expertise and poise.
Interactive Learning Environment
Experience engaging, hands-on training in a collaborative setting where you will develop practical, real-world skills to elevate your professional performance.
What You’ll Gain
The Audit & Assurance: Staff Four – In-Person seminar goes beyond technical knowledge to provide leadership and strategic insights that seasoned professionals require.
Topics Covered Include:
- Engagement Management and Supervision: Build skills for efficient team management, resource allocation, and engagement quality reviews.
- Audit Risk Assessment: Enhance your evaluation of advanced internal controls to mitigate risks in complex engagements.
- Revenue Recognition & Deferred Income Taxes: Navigate challenging topics with confidence to ensure accurate and compliant auditing.
- Fair Value and Estimates Auditing: Expand your capabilities in handling judgments and valuations integral to financial reports.
- Service Organizations and Use of Specialists: Optimize collaboration with specialists for streamlined, high-quality audits.
- Audit Technology and Tools: Explore tools like AI and sampling software to enhance your workflow efficiency.
- Audit Reporting: Develop methodologies for effective engagement administration and the creation of unqualified and qualified opinions.
Program Structure
This two-day in-person training is designed to deepen both your technical and leadership proficiencies through targeted instruction and practical applications.
Day 1 – Advanced Engagement Planning and Risk Management
- Audit planning tactics, from defining scope to setting objectives.
- Developing client relationships and fostering team dynamics for better outcomes.
- Advanced control testing and risk mitigation strategies, keeping up with evolving standards.
Day 2 – Mastering Complex Audits and Leadership Focus
- Engaging with critical areas like deferred taxes, fraud considerations, and fair value auditing.
- Leveraging modern audit tools to maintain efficiency and accuracy.
- Develop conflict resolution techniques, professional skepticism, and effective communication during client interactions.
- Finalizing audits with strong engagement quality reviews and actionable reporting.
Key Highlights
- Regulatory compliance using PCAOB standards.
- Introduction to AI and data analytics in audits.
- Practical exercises to reinforce team leadership and audit implementation strategies.
Who Will Benefit?
This program is targeted toward professionals who are eager to advance their careers and take on greater responsibilities:
- Senior Audit Staff: Individuals with foundational experience looking to master advanced topics and prepare for leadership.
- Emerging Audit Managers: Professionals gearing up for management roles in auditing firms or departments.
- Audit Teams: Firms seeking to offer consistent, high-quality, senior audit training across their workforce.
Event Details
- Format: Live, in-person seminar designed for experiential and collaborative learning.
- Schedule:
- Sessions held Thursday–Friday, 9 a.m.–5 p.m., with a 30-minute lunch break each day.
- Customized, private group sessions available for two or more attendees.
- CPE Credits: Earn 16 NASBA-approved credits.
- Cost: $1,440 per participant.
- Location: Sessions held in multiple cities, with flexible scheduling options.
Empower Your Audit Career
By attending the Audit & Assurance: Staff Four – In-Person, you’ll emerge with advanced technical knowledge, strengthened leadership abilities, and the confidence to take on more senior-level responsibilities. This is your gateway to becoming a trusted leader in the auditing industry—one who can tackle complex challenges and inspire teams toward excellence.
Register today and take the final step in this comprehensive series to become a well-rounded, expert auditor equipped for ongoing career success.
Details on Event Presentation
The in-person sessions will be as follows:
Thursday – 9:00 a.m. to 5:00 p.m.
Friday - 9:00 a.m. to 5:00 p.m.
We can schedule private in-person events on your timetable for two or more attendees.
CPE Event Highlights
- Audit risk assessment
- Engagement management and supervision
- Auditing revenue recognition
- Auditing estimates and fair value measurements
- Complex topics including pensions, leases, equity, and income taxes Using a service organization
- Internal controls over financial reporting (ICFR)
- Concluding the financial audit
Learning Objectives
Improve the effectiveness of attendees by:
- Knowing the basics of internal control Identify key concerns related to fraud
- Understand the purpose and procedures of analytical procedures and their role in an audit.
- Recognize the potential of audit data analytics and their effectiveness in specific areas.
- Identify typical audit procedures assigned to new staff
Key Issues on the Agenda
Introductions
Session 1: Audit Planning and Tactics- Audit risk assessment
- Audit plan Setting objectives
- Defining the scope
Session 2: Team Leadership and Staff Development
- Know the client
- Know yourself
- Know your team and firm management
- Team dynamics
Session 3: Audit Field Work
- Audit program
- Audit analytics
- Internal controls testing
- Quality control and workpaper reviews
- Client interaction
Session 4: Critical Audit Matters
- Revenue Recognition
- Deferred Income Taxes
- Estimates and Fair Value
- Service Organizations
- Use of a Specialist
- Consideration of Fraud Financial Reporting
Session 5: Engagement Management During the Financial Audit
- Maintaining independence
- Professional skepticism
- Due professional care
- Regulatory compliance
- Conflict resolution and problem solving
- Time and resource management
Session 6: Audit Technology and Tools
- Audit project management
- Audit workpaper management tools
- Audit sampling tools
- AI usage
Session 7: Concluding the Financial Audit
- Client management
- Engagement quality review
- Evaluating aduit results
- Unqualified opinion
- Quallified opinon
- Interim reviews
Session 8: Summary and Wrap-Up
NASBA Program Disclosure
Program Level of Understanding: Intermediate
Prerequisites: None
Advance Preparation: None
Delivery Format: Seminar (Group-Live)
NASBA Field(s) of Study: Auditing
CPE Credits: 16, based on 50 minutes of instruction per hour
Summary of the Subject Matter
This in-person CPE training event is the fourth in a comprehensive training program for audit staff members. The program aims to provide auditors with the essential knowledge and skills for conducting effective and efficient audits in various domains. The program covers topics such as:
- Audit fundamentals and the role of staff auditors in the audit process
- Auditing standards and regulations applicable to different types of audits
- Audit risk assessment and audit planning techniques
- Audit evidence and documentation requirements
- Audit testing and sampling methods
- Audit reporting and communication skills
- Audit quality control and improvement
The in-person program is designed for experienced auditors who want to enhance their professional competence and confidence. The program offers 16 CPE hours for each session and a certificate of completion.