AICPA Chief Auditor Details Best Practices to Ensure a Private Company Audit Follows ASB Standards
NEW YORK (March 20, 2020) – The American Institute of CPAs (AICPA) is hosting a free webcast on what private company auditing standards say about remote auditing. The live one-hour presentation will be broadcast from 3:30 – 4:30 p.m. ET. on March 23, 2020. The webcast comes with free CPE for all AICPA members and non-members.
The webcast is timely because as the COVID-19 virus spreads, responsible organizations recognize their employees need to work remotely. Questions remain about how firms ensure audit staff follow AICPA auditing standards while auditing remotely.
During the AICPA presentation, Bob Dohrer, AICPA Chief Auditor, CPA, CGMA, and Andrew Prather, Audit Shareholder at Clark Nuber, CPA, will identify accounting and audit areas of higher risk due to the COVID-19 virus. In addition, they will discuss best practices to ensure an audit follows AICPA standards, especially as it relates to accounting areas that need extra attention, fraud interviews, internal control and risk assessment, and documentation.
Who: AICPA Chief Auditor Bob Dohrer, CPA, CGMA and Andrew Prather, Audit Shareholder at Clark Nuber, CPA.
What: AICPA webcast, Risky Business – Conducting Remote Audits in Uncertain Times, will explore higher risk audit and accounting areas and review best practices. There will be a Q&A session at the end of the presentation.
When: Monday, March 23, 2020 from 3:30 – 4:30 p.m. ET.
Media Representative: Reporters may contact Jackie Hyland at Jackie.Hyland@aicpa-cima.com to request press access for the webcast or to speak with Bob Dohrer about this topic further.
Others can sign-up at the webcast’s registration page, which includes complete details about the event. The webcast (without CPE) will be rebroadcast on April 1, from noon to 1 p.m. ET and April 10 from 11 a.m. to noon ET.
Accounting professionals can refer to the AICPA’s Coronavirus Resource Center for frequent updates, additional guidance and tools.