As a result of COVID-19, firms have to rethink how they conduct audits while preparers may face numerous financial reporting implications and challenges. During this session, we will review what the audit standards say about remote auditing, learn about higher risk audit and accounting areas to focus on, and review best practices so you can still put your best foot forward, even if it's from home.
Recognize audit guidance on remote auditing
Indicate higher risk audit areas in light of COVID-19
Identify financial reporting implications and challenges related to COVID-19