Audit & Assurance: Staff Three
Elevate your auditing expertise with the Audit & Assurance: Staff Three webinar. Designed for seasoned audit professionals and emerging in-charge auditors, this advanced training program covers critical financial auditing topics, leadership development, and technical skills. Take your career to the next level while earning 12 Continuing Professional Education (CPE) credits, all from the convenience of your preferred location.
Why Choose This Program?
Earn 12 NASBA-Approved CPE Credits
Build your credentials while meeting professional development requirements, ensuring both growth and compliance.
Master High-Level Audit Skills
This program equips you to confidently handle advanced topics like intangible assets, contingent liabilities, and going concern assessments.
Grow Leadership and Supervisory Skills
Learn how to manage audits effectively, supervise teams, and develop critical leadership capabilities for high-pressure situations.
Flexible and Interactive Learning
Engage with instructors and peers in real-time during a dynamic webinar format, designed to deliver practical learning directly to your screen.
What You’ll Gain
This session provides a seamless progression from basic auditing principles to complex, high-value skills required to lead and manage critical audits successfully.
Core Focus Areas Include:
- Engagement Management: Develop leadership skills to plan and delegate tasks effectively.
- Advanced Risk Assessment: Learn to evaluate inherent and residual risks in sophisticated financial audits.
- Workpaper Review: Build quality assurance capabilities to ensure accuracy and compliance in documentation.
- Audit Sampling Strategies: Master both control testing and substantive testing techniques.
- Complex Financial Audits: Improve confidence in auditing intricate areas like revenue, investments, intangible assets, contingent liabilities, and goodwill.
- Research Tools: Gain insights into leveraging modern tools, such as ChatGPT, to enhance audit processes.
Course Structure
This two-day webinar focuses on bridging theoretical knowledge with real-world application to ensure you’re well-equipped to handle complex auditing challenges.
Day 1 – Leadership and Risk Management
- Understanding the role of an in-charge auditor, including delegation and audit strategy.
- Application of the audit risk model to assess materiality and reasonable assurance.
- Regulatory perspectives and PCAOB standards for audit excellence.
Day 2 – Advanced Applications and Technical Mastery
- High-value audit procedures for areas such as audit sampling, internal controls, and revenue auditing.
- Practical knowledge on identifying and testing contingent liabilities and goodwill.
- Comprehensive training on audit documentation and reporting.
- Soft skills development in team management and client communication.
Additional Topics Explored:
- Addressing Critical Audit Matters (CAMs).
- Techniques for quality assurance in workpaper creation and review.
- Building professional skepticism and ethical accountability as an auditor.
Suitable for Professionals Like You
This program is ideal for:
- Seasoned Audit Staff: Professionals ready to confidently handle advanced engagements.
- Emerging In-Charge Auditors: Individuals stepping up into leadership roles within audit projects.
- Audit Firms: Businesses seeking to provide consistent and advanced training for their teams.
Webinar Details
- Format: Live, interactive webinar designed to replicate an engaging classroom environment.
- Schedule:
- Sessions are held Wednesday–Thursday, 9 a.m.–3 p.m. Central Time, with a lunch break from 12 p.m.–12:30 p.m.
- Available every eight weeks or upon request for private groups.
- CPE Credits: Earn 12 NASBA-approved credits, based on 50-minute instructional hours.
- Price: $825 per participant.
- Group Training: Options for private sessions are available for two or more attendees.
Take Charge of Your Career
The Audit & Assurance: Staff Three webinar provides you with the tools and expertise to lead audits, tackle complex topics, and contribute at a higher level within your organization. Whether working to refine advanced technical abilities or looking to grow as a leader, this program will deliver actionable strategies for success.
Step into the next phase of your career with confidence—register now and make strides toward becoming a skilled and trusted auditor!
Details on Event Presentation
Offered on Wednesday-Thursday once every eight weeks in two six hour sessions for 12 CPE credits.
The sessions will run from 9:00 a.m. to 3:00 p.m. Central Time Zone.
There will be a lunch break from 12:00 noon to 12:30 p.m. each day.
We can schedule private events on your timetable for two or more attendees.
CPE Event Highlights
- Auditor responsibilities
- Risk assessment
- Engagement management and supervision
- Working paper review
- Sampling and sampling substantive sampling as concepts
- Auditing revenue
- Auditing contingent liabilities and going concern
- Auditing investments
- Auditing intangible assets and goodwill
- Research tools
Learning Objectives
Improve the effectiveness of attendees by:
- Identify and perform the core responsibilities of the in-charge auditor, including materiality, risk assessment, and audit strategy.
- Effectively test controls, including gathering evidence of effectiveness, assessing deficiencies, and communicating findings.
- Design and perform substantive procedures, including substantive analytical procedures, and substantive tests of details.
Key Issues on the Agenda
Introductions
Session 1: Introduction to Leading an Audit Team- Leadership Fundamentals
- Audit Team Dynamics
- Auditing planning and strategy
- Delegation and follow-up
Session 2: Risk Management
- Researching Audit Risks
- Materiality
- Resaonable Assurance
- Inherent Risk
- Residual Risk
Session 3: The Regulatory Environment
Session 4: Audit Workpaper Development
- Audit procedures creation
- Audit evidence documentation
- Quality control and review
Session 5: Audit Sampling and Testing Execution
- Internal Control Testing
- Substantive Testing
Session 6: Critial Audit Matters and other issues
- CAMs from the PCAOB standpoint
- Going conern
- Audting revenue
- Contingent liabilties
- Investments
- Intangible assets and goodwill
Session 7: Summary and Wrap-Up
- Your Keys to Success!
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: 12, based on 50 minutes of instruction per hour
Summary of the Subject Matter
This CPE event is designed to provide participants with the knowledge and skills to perform effective financial audits. The seminar covers topics such as:
- The audit process and the role of the auditor
- The audit risk model and the concept of materiality
- The audit evidence and the audit procedures
- The audit documentation and the audit report
- The ethical and professional standards for auditors
The CPE event is suitable for auditors who have completed staff level one and two training, or have equivalent experience. It is also beneficial for those who want to refresh their audit skills and update their audit skills knowledge.