PCAOB AS 2810: Evaluating Audit Results
Elevate your expertise in audit evaluation by attending the PCAOB AS 2810 Webinar. This 2 CPE-credit course is designed for auditors and accounting professionals seeking to deepen their understanding of PCAOB Auditing Standard 2810, “Evaluating Audit Results.” Gain the skills and insights necessary to evaluate audit results with precision, ensuring accuracy and integrity in financial reporting.
Why Attend PCAOB AS 2810 Training?
1. Deepen Your Knowledge of PCAOB Standards
- Understand the scope and objectives of PCAOB AS 2810, and how it applies to public company audits.
- Learn the key requirements and principles of audit result evaluation, ensuring compliance with PCAOB standards.
2. Enhance Professional Judgment
- Develop skills in assessing materiality, recognizing potential misstatements, and evaluating audit risks.
- Gain practical techniques for exercising professional skepticism to critically analyze evidence and management assertions.
3. Advance Your Career and Professional Development
- Earn 2 NASBA-certified CPE credits, showcasing your expertise in audit evaluation and commitment to quality audits.
What You’ll Learn
This focused training provides auditors with actionable knowledge and techniques for evaluating audit results effectively. Through expert-led sessions, participants will explore the essential tools and strategies to enhance their auditing processes.
Key Topics Covered:
1. Understanding PCAOB AS 2810
- Explore the objectives and core principles of AS 2810 and its importance in promoting audit quality.
- Understand the relationship between audit risk, materiality, and audit results.
2. Assessing and Managing Audit Risks
- Learn how to assess materiality during audits and its implications for financial statement disclosures.
- Master techniques for risk evaluation and ensuring sufficient audit procedures to address identified risks.
3. Evaluating Audit Evidence
- Understand how to obtain and document sufficient and appropriate audit evidence to support audit opinions.
- Develop a framework for evaluating the consistency of financial statements across periods.
4. Exercising Professional Skepticism
- Strengthen your ability to think independently and critically assess evidence.
- Gain confidence in challenging management assertions and supporting reliable audit conclusions.
5. Best Practices for Audit Documentation
- Learn how to meet PCAOB documentation requirements, ensuring all significant judgments, evidence, and conclusions are effectively recorded.
Course Details
- Schedule: Held every eight weeks on Thursdays from 10 a.m.–12 p.m. CST.
- Delivery Format: Live, interactive webinar with a certified instructor.
- Fee: $140 per attendee.
- Private Options: Custom training sessions available for audit teams of two or more.
No prerequisites are required. This course is tailored for professionals at all levels of experience in public company audits.
Who Should Attend?
This training is ideal for:
- Auditors and Accounting Professionals aiming to strengthen their capabilities in audit evaluation.
- Audit Managers and Supervisors responsible for overseeing audit procedures and results.
- Compliance and Risk Management Officers seeking insights into PCAOB auditing standards.
No matter your role, this course provides the tools and knowledge to enhance the accuracy and integrity of audit evaluations.
Why Audit Evaluation Matters
Evaluating audit results is a critical step in ensuring financial integrity and transparency. Mastering PCAOB AS 2810 equips professionals to:
- Safeguard Accuracy: Reliably assess material misstatements and inconsistencies in financial statements.
- Mitigate Risk: Identify gaps and vulnerabilities in audit processes.
- Strengthen Stakeholder Trust: Deliver audit opinions that reinforce confidence in financial reporting.
Register Today and Elevate Your Audit Expertise
Don’t miss the opportunity to enhance your skills and align with the gold standard in auditing practices. The PCAOB AS 2810 Webinar offers a clear and practical approach to mastering audit evaluations, providing essential knowledge to advance your professional growth.
Sign up now to secure your spot, earn 2 CPE credits, and take your audit expertise to new heights!
Details on Event Presentation
Offered every eight weeks on Thursdays at 10:00 a.m. to 12:00 noon Central Time in two CPE-Credit event.
We can schedule private events on your timetable for two or more attendees. Bring this event on AS 2810 to your audit team.
NASBA Program Disclosure
Program Level of Understanding: Basic
Prerequisites: None
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 2, based on 50 minutes of instruction per hour
CPE Event Highlights
Here are the highlights of this CPE event on PCAOB AS 2810 - Evaluating Audit Results:
- In-depth exploration of PCAOB AS 2810 requirements and principles
- Understanding materiality assessment and its impact on audit conclusions
- Strategies for assessing and managing audit risk throughout the audit process
- Techniques for obtaining sufficient and appropriate audit evidence
- Enhancing professional judgment and skepticism skills
- Evaluating consistency within financial statements and across periods
- Best practices for effective audit documentation
Join us for this valuable CPE event to deepen your understanding and enhance your skills in evaluating audit results according to PCAOB AS 2810.
Learning Objectives
Attendees will:
- Understand the key requirements and principles of PCAOB AS 2810
- Know the key factors that affect the evaluation of audit results
- See how to analyze material misstatements
- Comprehend the documentation requirements
- Be able to apply the right professional judgment and skepticism
Key Issues on the Agenda
Introductions and Administrative Items
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Introductions
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What is the "PCAOB Auditing Standards" context?
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What are the Five Major Audit Standard Sections
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What is in Section 2810: Evaluating Audit Results
Section 2 - Major Concepts Concering this Standard
- Materiality
- Audit Risk
- Sufficient Appropriate Audit Evidence
- Professional Judgment and Skepticism
- Evaluating Consistency
- Audit Documentation
Section 3 - Auditing Standard 2810
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Introduction and Objective from the Standard
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Evaluating The Results of the Audit of Financial Statements
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Performing Analytical Procedures in the Overall Review
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Accumulating and Evaluating Identified Misstatements
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Evaluating the Qualitative Aspects of the Company's Accounting Practices
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Evaluating Conditions Relating to the Assessment of Fraud Risks
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Evaluating Financial Statements and the Disclosures
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Evaluating Audit Evidence
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Evaluating ICFR
Section 4 - Going Forward and Summary
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PCAOB Inspections Observations on Section 2810
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PCAOB Guidance on AS 2810
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Summary of the Subject Matter
This event overviews PCAOB Auditing Standard 2810, "Evaluating Audit Results." Explore materiality assessment, audit risk evaluation, and obtaining sufficient audit evidence. Enhance professional judgment and skepticism skills. Learn techniques for evaluating consistency and applying best practices in audit documentation.
Don't miss this opportunity to deepen your understanding of PCAOB AS 2810 and develop essential skills in evaluating audit results. Join us for a valuable CPE event that will enhance your abilities and contribute to your professional growth.
Authoritative Sources
CCS has gathered a collection of resources that serve as lighthouses guiding us through the complexities of evaluating audit results. These aren't just collections of information; they are windows into a broader understanding, offering clarity, direction, and a deeper connection to the principles that underpin our work.
- Public Company Accounting Oversight Board (PCAOB) - AS 2810: Evaluating Audit Results: The cornerstone of our exploration, AS 2810 itself, provides an in-depth look at the requirements and principles surrounding the evaluation of audit results. Understanding the standard in its entirety is crucial for applying its guidance effectively in your audit practice.
- PwC's Viewpoint on AS 2810 — Evaluating Audit Results: Offering a professional interpretation and practical advice, PwC's viewpoint on AS 2810 is an invaluable resource for auditors seeking to deepen their understanding of how to apply these principles in real-world scenarios. It provides insights into navigating the complexities of audit evaluation with finesse.
- Journal of Accountancy - Enhancing Audit Quality through Effective Audit Evaluation: While not directly tied to AS 2810, this article offers valuable perspectives on enhancing audit quality, including the role of effective audit evaluation. It discusses strategies for auditors to improve their practices and ensure their evaluations are both thorough and meaningful.
- American Institute of CPAs (AICPA) - Audit Risk Assessment: Understanding risk assessment is pivotal in evaluating audit results effectively. This AICPA resource provides a comprehensive overview of audit risk and how it influences the evaluation process, offering a foundational context for AS 2810's application.
Embarking on this journey of discovery and mastery, each resource you engage with is more than just a step toward fulfilling professional requirements; it's a step toward becoming a guardian of financial integrity. In a world ever more complex and interconnected, our role as auditors in evaluating audit results with diligence, skepticism, and a keen eye for detail has never been more critical. As you delve into these resources, may you find not only knowledge but also inspiration—a reminder of the profound impact our work has on upholding trust and transparency in the financial landscape.