Level 4 training prepares experienced staff for enhanced audit responsibilities as well as for their increased role in engagement management, including reporting, performing accounting research, focusing on engagement quality and managing teams. Technical topics include auditing accounting estimates, IT controls and drafting audit opinions under SAS 134, including qualified opinions and those which include other or emphasis of matter paragraphs.
This redesigned curriculum is designed to get the critical and professional skills to experienced staff at a time and manner to support their continued career progression.
Each module includes a lecture followed by in-class group case studies and activities. In this two-day course, the following two-hour modules will be presented:
- Day 1:
- Performing effective accounting research
- Audit quality update
- Auditing accounting estimates
- SAS 134 and other reporting considerations
- Day 2:
- Management fundamentals
- Understanding and testing general information technology controls
- Accounting hot topics
Experienced staff with 2-3 busy seasons of experience
Familiarity with SASs and FASB