Watch a qualified CPA instructor teaching the course and access a copy of the same course material that is provided to attendees of an in-person session.
After registering for a Video on Demand course, CPA Saskatchewan will send you information on how to access the course within 2 business days.
Click HERE for more information on Video-On-Demand courses.
OBJECTIVE:
In addition to comparing new and revised assurance and other related service standards, the seminar provides an overview of projects in progress and other developments of interest to practitioners, including national issues that have been identified by practice advisory and/or practice inspection. The seminar focuses exclusively on changes to audit standards.
WHO WILL BENEFIT:
Although this seminar will advance the knowledge of accounting professionals performing audits, the seminar will particularly appeal to practitioners serving small and medium-sized private or not-for-profit entities.
LEARNING OUTCOMES:
By the end of this course, participants should be able to:
- apply the revisions to CAS 540 Auditing Accounting Estimates and Related Disclosures effective for audits of financial statements for periods beginning on or after December 15, 2019,
- identify and apply the revisions to CAS 315 Identifying and Assessing the Risks of Material Misstatement effective for audits of financial statements for periods beginning on or after December 15, 2021,
- understand how the proposed quality management standards will impact your firm and engagement processes,
- develop an approach to reporting on Key Audit Matters,
- anticipate pending changes to audit standards and understand how the changes may impact audit engagements, and
- be aware of and locate tools to assist with audits,
PREREQUISITE KNOWLEDGE
Participants should have a working knowledge of the CPA Canada Handbook – Assurance.