Audit & Assurance: Staff Four
Strengthen your auditing expertise and take your career to the next level with the Audit & Assurance: Staff Four program. Designed for senior auditors and in-charge professionals, this advanced training session focuses on mastering complex financial auditing topics and preparing for future audit management roles. Earn 12 Continuing Professional Education (CPE) credits while gaining in-depth knowledge that will elevate your capabilities and confidence.
Why This Program is Right for You
Earn 12 NASBA-Approved CPE Credits
Fulfill your annual professional education requirements while advancing your expertise in key areas of financial auditing.
Master Advanced and Complex Audit Topics
From revenue recognition to deferred income taxes and fair value audits, this program equips you with the technical expertise to excel in complex engagements.
Prepare for Leadership Roles
Develop leadership, management, and team supervision skills to step confidently into audit management responsibilities.
Interactive, Hands-On Training
This in-depth program provides a practical, hands-on approach with real-world applications to ensure you’re ready to tackle advanced audit challenges.
Core Learning Objectives
The Audit & Assurance: Staff Four training is designed to provide a well-rounded and comprehensive understanding of advanced audit practices. You’ll refine your skills through a curriculum focused on advanced technical insights and leadership acumen.
Key Topics Covered:
Engagement Management and Supervision Master the responsibilities of senior auditors, including team leadership and time/resource management.
Audit Risk Assessment Deepen your understanding of assessing and handling advanced internal controls and risk factors.
Auditing Revenue Recognition and Income Taxes Gain confidence in handling intricate areas like deferred income taxes, estimates, and fair value assessments.
Using Specialist Services Learn to work effectively with specialists and service organizations to streamline complex audits.
Financial Reporting and Audit Conclusions Explore end-of-audit responsibilities, including reporting, quality reviews, and engagement administration.
Advanced Training Structure
This two-day in-person program ensures senior auditors receive expert-led instruction while engaging in meaningful discussions and case studies.
Day 1 – Supervising Engagements and Managing Risks
Master audit planning, defining scope, and setting objectives.
Develop client relationships and foster effective team dynamics.
Understand advanced risk management, internal controls testing, and audit fieldwork essentials.
Day 2 – Complex Audit Topics and Leadership Skills
Address critical audit matters, including revenue recognition, fair value, and contingent liabilities.
Learn how to leverage audit technology, sampling tools, and documentation strategies.
Gain soft skills in professional skepticism, conflict resolution, and client management.
Wrap up with guidance on concluding audits with high-quality reporting and team feedback.
Additional Highlights:
Understanding and applying PCAOB standards and regulatory compliance.
Techniques for quality assurance in reviewing audit workpapers.
Building expertise in fraud considerations and AI-driven audit tools.
Who Should Attend?
This program is tailored to meet the needs of:
Experienced Senior Auditors: Professionals seeking to refine their technical knowledge and prepare for leadership roles.
Emerging Audit Managers: Individuals with 2–3 years of experience ready to transition into management positions.
Audit Firms: Teams striving to standardize advanced training within their organizations.
Event Details
Format: Live, fully interactive training.
Schedule:
Sessions run Wednesday–Thursday, 9 a.m.–3 p.m. Central Time, with a daily 30-minute lunch break.
Private sessions available for tailored team training.
CPE Credits: Earn 12 NASBA-approved credits, based on 50-minute instruction hours.
Cost: $825 per participant.
Group Training: Special arrangements for teams of two or more.
Maximize Your Career Potential
The Audit & Assurance: Staff Four program is your pathway to mastering advanced audit practices and confidently stepping into leadership roles. With this training, you'll not only build technical expertise but also develop the management and strategic skills necessary for long-term career success.
Register today and take one step closer to becoming a standout senior auditor or audit manager with the skills to lead in an increasingly complex financial landscape.
Details on Event Presentation
Offered on Wednesday-Thursday once every eight weeks in two six hour sessions for 12 CPE credits.
The sessions will run from 9:00 a.m. to 3:00 p.m. Central Time Zone.
There will be a lunch break from 12:00 noon to 12:30 p.m. each day.
We can schedule private events on your timetable for two or more attendees.
CPE Event Highlights
Audit risk assessment
Engagement management and supervision
Auditing revenue recognition
Auditing estimates and fair value measurements
Complex topics including pensions, leases, equity, and income taxes Using a service organization
Internal controls over financial reporting (ICFR)
Concluding the financial audit
Learning Objectives
Improve the effectiveness of attendees by:
Knowing the basics of internal control
Identify key concerns related to fraud
Understand the purpose and procedures of analytical procedures and their role in an audit.
Recognize the potential of audit data analytics and their effectiveness in specific areas.
Identify typical audit procedures assigned to new staff
Key Issues on the Agenda
Introductions
Session 1: Audit Planning and Tactics
Audit risk assessment
Audit plan
Setting objectives
Defining the scope
Session 2: Team Leadership and Staff Development
Know the client
Know yourself
Know your team and firm management
Team dynamics
Session 3: Audit Field Work
Audit program
Audit analytics
Internal controls testing
Quality control and workpaper reviews
Client interaction
Session 4: Critical Audit Matters
Revenue Recognition
Deferred Income Taxes
Estimates and Fair Value
Service Organizations
Use of a Specialist
Consideration of Fraud
Financial Reporting
Session 5: Engagement Management During the Financial Audit
Maintaining independence
Professional skepticism
Due professional care
Regulatory compliance
Conflict resolution and problem solving
Time and resource management
Session 6: Audit technology and tools
Audit project management
Audit workpaper management tools
Audit sampling tools
AI usage
Session 7: Concluding the Financial Audit
Client management
Engagement quality review
Evaluating aduit results
Unqualified opinion
Quallified opinon
Interim reviews
Session 8: Summary and Wrap-Up
NASBA Program Disclosure
Program Level of Understanding: Intermediate
Prerequisites: None
Advance Preparation: None
Delivery Format: Seminar (Group-Live)
NASBA Field(s) of Study: Auditing
CPE Credits: 12, based on 50 minutes of instruction per hour
Summary of the Subject Matter
This webinar CPE training event is the fourth in a comprehensive training program for audit staff members. The program aims to provide auditors with the essential knowledge and skills for conducting effective and efficient audits in various domains. The program covers topics such as:
Audit fundamentals and the role of staff auditors in the audit process
Auditing standards and regulations applicable to different types of audits
Audit risk assessment and audit planning techniques
Audit evidence and documentation requirements
Audit testing and sampling methods
Audit reporting and communication skills
Audit quality control and improvement
The webinar program is designed for new or experienced auditors who want to enhance their professional competence and confidence. The program offers 12 CPE hours for each session and a certificate of completion.