Audit & Assurance: Staff Three - In-Person
Take the next step in your auditing career with Audit & Assurance: Staff Three – In-Person training. Created for experienced audit professionals and in-charge auditors, this program offers an in-depth focus on advanced financial auditing practices, leadership development, and complex technical topics. Gain the insights and skills needed to excel in higher-level responsibilities while earning 16 Continuing Professional Education (CPE) credits to support your growth.
Why Enroll in This Program?
Earn 16 NASBA-Approved CPE Credits
Satisfy your annual professional development requirements while building expertise in advanced audit concepts.
Master Complex Audit Topics
From intangible assets to contingent liabilities, this program equips you with the tools to confidently handle intricate financial areas.
Enhance Your Leadership Skills
Learn how to lead audit engagements, manage teams, and oversee the completion of critical audit tasks with efficiency and professionalism.
Participate in a Hands-On, Collaborative Environment
Engage with likeminded professionals and seasoned trainers through real-world scenarios and discussions that bring audit concepts to life.
What You’ll Learn
This session bridges the gap between foundational audit knowledge and the advanced expertise necessary for career progression. With a focus on both technical and leadership skills, the program ensures you’re well-prepared for the challenges of leading audit engagements.
Key Focus Areas:
- Engagement Management and Leadership
Hone your ability to plan, delegate, and supervise audit tasks effectively.- Advanced Audit Risk Assessment
Learn to identify, evaluate, and mitigate risks for complex financial audits.- Working Paper Review
Strengthen quality control practices to ensure accurate and compliant documentation.- Audit Sampling Techniques
Master both internal control testing and substantive sampling to improve audit accuracy.- Complex Financial Areas
Gain confidence in auditing challenging areas, including revenue, investments, intangible assets, goodwill, and contingent liabilities.- Effective Use of Research Tools
Adapt to evolving audit practices with insights on tools like ChatGPT to streamline your workflow.
Course Structure
This two-day, in-person program blends interactive discussions with hands-on activities, creating a learning atmosphere that mimics real-world auditing.
Day 1 – Leadership and Advanced Risk Management
- Understanding the responsibilities and dynamics of leading an audit team.
- Planning engagement strategies and applying the audit risk model.
- Assessing inherent, control, and residual risks to inform audit procedures.
Day 2 – Advanced Topics and Practical Application
- Designing and reviewing audit procedures for high-risk areas like revenue and goodwill.
- Audit sampling methods for substantive and control testing.
- Addressing critical audit matters such as going concern and contingent liabilities.
- Effective documentation strategies to ensure compliance and accuracy.
Additional Topics Covered:
- Compliance with Professional Conduct and PCAOB Standards.
- Navigating regulatory environments with confidence.
- Soft skills for leadership, communication, and fostering team collaboration.
Who Should Attend?
This program is tailored for:
- Experienced Audit Staff: Those ready to tackle more advanced responsibilities and complex client engagements.
- Emerging In-Charge Auditors: Professionals stepping into roles requiring oversight and leadership skills.
- Audit Firms: Teams looking to standardize advanced training across staff for consistency and quality improvement.
Event Details
- Format: Live, interactive in-person sessions for experiential growth.
- Schedule:
- Two full days on Tuesday–Wednesday, 9 a.m.–5 p.m., including a 30-minute lunch break.
- Sessions run every eight weeks or can be tailored for private groups.
- CPE Credits: Acquire 16 NASBA-approved credits, with standards based on 50-minute instructional hours.
- Cost: $1,440 per participant.
- Custom Training: Private group sessions customized for teams of two or more.
Build Your Future in Audit Leadership
Investing in Audit & Assurance: Staff Three – In-Person is more than a training opportunity—it’s a critical step in advancing your career as a trusted auditor and effective leader. The program equips you with a comprehensive skill set that covers both technical expertise and the leadership qualities needed for long-term success.
Take the initiative to elevate your career, contribute more effectively to your audit team, and gain the confidence to handle high-stakes audits.
Secure your seat today and pave the way to becoming a well-rounded, in-charge auditor or senior audit professional!
Details on Event Presentation
The in-person sessions will be as follows:
Tuesday – 9:00 a.m. to 5:00 p.m.
Wednesday - 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
- 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 leadership, 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
ntroductions
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: 16, based on 50 minutes of instruction per hour
Summary of the Subject Matter
This in-person 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.