Past Events
PCAOB Auditing Standard No. 5 and SEC Interpretive Guidance For Management
Date: August 23, 2007
CPEs: 2
Location:
6600 Peachtree Dunwoody Road
Embassy Row 400, Suite 280
Atlanta, Georgia
Time: Registration and breakfast at 8:30AM. Session from 9:00 to 11:00.
Seminar Objectives/Benefits:
Participants will be provided with a detailed overview of Audit Standard No. 5 and the most recent SEC interpretive guidance for management. The course will address how to apply the new standard to streamline a Company’s compliance effort. The training will also present the mechanics of performing a fraud risk assessment and demonstrate how to apply the new standard with a hands-on case study.
Syllabus:
- Overview of AS 5 and the most recent SEC guidance
- Top down approach to designing & assessing ICFR
- Developing scope of ICFR design & assessment
- Risk based approach to designing & assessing ICFR
- Risks factors for fraud in financial reporting
- Risk factors for fraud in safeguarding of assets
- Risk factors for financial reporting
- Risk based approach for testing controls
- Gaining efficiencies in ICFR
- Case Study for applying the concepts & principles from above
