Surgent's Navigating the Gray: An Advanced Guide to Auditor Independence Compliance

CPAs today face greater challenges than ever to maintain the high ethical standards of their profession. This course will provide a detailed discus...

9/22/2021 12:30pm - 4pm | Online | Surgent

$139.00

CPE Categories: Auditing (1 CPE), Ethics (3 CPE)

Description

CPAs today face greater challenges than ever to maintain the high ethical standards of their profession. This course will provide a detailed discussion of accountants' independence and objectivity obligations, including those found in the AICPA Code of Professional Conduct and further supplemented by United States Securities and Exchange Commission (SEC) and General Accounting Office (GAO) rules and regulations. The course will also explore in-depth independence considerations related to performing non-attest services for attest clients, with a focus on the AICPA, SEC, and GAO requirements for performing such services, as well as their restrictions.

Target Audience

All CPAs

Course Objectives

Recall the building blocks of auditor objectivity and independence
Identify the key sources of guidance on auditor independence
Recall key components of applicable independence
Identify key independence and other considerations related to Yellow Book engagements

Subjects

The CPA’s responsibilities related to independence and objectivity
The AICPA independence rule and its interpretation
Similarities and differences between AICPA and SEC independence rules
Rules governing the performance of non-attest services for attest clients
Examples of applying the AICPA’s non-attest rules
GAO and Yellow Book independence and documentation requirements
Sources for relevant independence rules and regulations

Prerequisites

Experience in financial reporting