Elaine Cahoon, KPMG Senior Manager, Risk Management – Independence, Karen Kerber, former PRB Member and current PMTF – Government Compliance Audits Subgroup Chair, Nancy Miller, KPMG Managing Director, Risk Management – Independence, and Flo Ostrum, PMTF – Government Compliance Audits Subgroup Member and State and Local Governments Expert Panel Member, will discuss performing peer reviews of engagements under Government Auditing Standards with emphasis on enhancing audit quality areas of focus. They will also discuss new standards and guidance from the U.S. Government Accountability Office and impact to peer review.
Analyze the key changes to Government Auditing Standards, including peer review considerations.
Recognize the challenges to maintaining audit quality in governmental and single audit engagements and impact to peer reviewers.
Explore best practices when performing reviews of governmental engagements.