Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Auditors require continual knowledge of changing standards and practice issues. This seminar reviews recent revisions to the CPA Canada Handbook Assurance and other practice matters that have occurred over the last year.
In addition to comparing new and revised assurance and other related service standards, this 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. This seminar focuses exclusively on changes to audit standards.
NOTE: This course description has been revised and reflects updates for 2023. If you have any questions, please contact pdevents@cpaontario.ca.
Key Takeaways
By the end of this course, participants will be able to:
- Describe how the revisions to CAS 500 Audit Evidence, and CAS 600 Audit of Group Financial Statements will impact their engagement processes.
- Evaluate the applicability of audit standards on less complex entities.
- Anticipate pending changes to audit standards and understand how the changes may impact audit engagements.
- Be aware of and locate tools to assist with audits.
- Introduction and overview of recently revised standards that apply to audits.
- Exposure drafts and other projects in process for audits.
- Practice matters, including highlights from national practice inspection findings and practice advisory comments for auditors.
Who Will Benefit
The seminar will particularly appeal to practitioners serving small and medium-sized private or not-for-profit entities, although it will advance the knowledge of all accounting professionals performing audits.
Prerequisite(s)
- Participants should have a working knowledge of the CPA Canada Handbook Assurance.
- To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Jane M. Bowen, FCPA, FCA has been involved in professional development and education for Members and students for many years. She currently lectures in financial accounting and audit at UOIT in Oshawa. She authors or mentors courses in this professional development program, and has contributed to CPA Canada publications: Guide to Accounting Standards for Private Enterprises (GASPE); and Guide to International Financial Reporting Standards in Canada. Jane is currently the Chair of the CPA Canada Competency Map and often authors publications issued by CPA Canada’s Research Guidance and Support Group, addressing the implementation of new accounting and assurance standards. Jane has recently authored the following documents on Review Engagements: Guide to Review Engagements (September 2016); Alert: CSRE 2400, Engagements to Review Historical Financial Statements (June 2016); Briefing: CSRE 2400, Engagements to Review Historical Financial Statements (March 2017), and the following ASPE briefings: Amalgamations of Wholly-owned Enterprises (January 2017); A New Light on Accounting for Investments (2016); and Section 3462, Employee Future Benefits: A Focus on Defined Benefit Plans (2014).