0      0


NAA1902 - ASB Update

Jun 10, 2019 8:05am ‐ Jun 10, 2019 9:45am

Standard: $49.00


The Auditing Standards Board Chair will discuss recently issued standards for audits (SASs) and attestation engagements (SSAEs). The discussion will also include the ASB’s active agendas including ongoing efforts to enhance the standard setters’ outreach to stakeholders regarding proposed standards and post-implementation reviews of issued standards. This session will feature a discussion of the current status of the ASB’s projects to: a) Revise and expand the auditor’s report, b) Enhance auditor attention on financial statement disclosures as part of the risk assessment process and throughout the audit, c) Revise the attestation standards to enable a practitioner to perform an examination, review, or agreed-upon procedures engagement without having to request a written assertion from the responsible party, d) Revise the auditor’s performance and reporting responsibilities with respect to ERISA audits, e) Explore potential changes to the audit evidence standard; and convergence efforts on estimates and auditor risk assessment.

Learning objectives:

  1. Obtain an understanding of the standards recently issued by the auditing standards board.
  2. Obtain an understanding of projects currently underway at the auditing standards board and in the profession overall.


Tags: NAA Yellowbook

You must be logged in and own this session in order to post comments.