This free CPE course will map your route to making your firm’s audit practice more profitable by focusing on quality and identifying and addressing risks in your practice. Further, hear tips on how to demonstrate audit quality and how to articulate it as a competitive edge to clients. In addition to CPE credit, you will receive a toolkit of practical resources to ignite your firm’s pathway to effectively and efficiently providing quality services and showcasing the firm’s value.
Objectives:
Upon completion of the course, participants will be able to:
1. Articulate a working understanding of the requirements of Statements on Quality Control Standard (SQCS) No. 8
2. Prepare their firms for the types of questions reviewers will be asking in their next peer review
3. Supercharge their engagement acceptance policies and proposal strategies for a more profitable audit practice
Topics Discussed:
- Requirements of SQCS No. 8
- New peer review approach taking effect in 2016, which will increase focus on identifying quality control risks
- Free tools and resources the AICPA has developed to make firms’ audit practices more efficient and effective