Impact of SAS No. 145 on Yellow Book Engagements 2 Credits
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Feb 26, 2024 | 10:00 AM ET
SAS No. 145: Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement stands as a significant milestone in the realm of audit practices. Its primary aim is to elevate the standard of risk-based audits, thereby ensuring the precision and integrity of financial statement audits. Notably, this standard extends its reach to encompass audits conducted in accordance with Government Auditing Standards, colloquially known as the Yellow Book.
This CPE Auditing course revolves around a comprehensive exploration of the pivotal advancements and elucidations introduced by SAS No. 145, all aimed at enhancing the overall quality of audits. This course delves into the intricacies of these clarifications, serving as a beacon guiding auditors toward more proficient and thorough audit processes.
As auditors navigate the complex landscape of modern financial assessments, this CPE course serves as a beacon, illuminating the path to enhanced audit practices, fortified judgments, and ultimately, fortified trust in financial reporting.
The following are the major topics covered in this Auditing CPE webinar:
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MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys.
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To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.
Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
JD
This was very helpful in understanding SAS 145, and also applying it to Governmental audits.
JE
Loaded with information on changes, updates and details that I need to know
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