Course Information

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Comprehensive Audit Risk Alert 2008
Author: Perry Henderson

Description:

This course summarizes selected issues covered in the AICPA's Comprehensive Audit Risk Alert 2008 (the Alert), which is intended to give auditors an overview of recent economic, industry, technical, regulatory and professional developments that may affect their audits or other engagements.

Because developments can occur rapidly in the current fast-moving environment, this course also supplies, where available, web-links that will enable users to obtain updated information on the status of these various developments.

Topics covered in this course include:

  • Audit risks arising from current economic conditions
  • Recent auditing and attestation pronouncements and guidance
  • International convergence
  • FASB codification
  • Changes to FAF, FASB, and GASB
  • ASB Clarity project
  • Accounting for hedging activities and for contingencies
  • Overview of professional resources

Course Details:
Price:  $32.00
Field of Study:  Auditing
Prerequisites:  basic knowledge of auditing standards
Level:  Overview
Course was last updated on:  04/13/2009
Library:
Learning Center Core
Accounting and Audit

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 2.00 CPE
Enrolled Agent (Accepted by the IRS) 2.00 CPE
QAS 2.00 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.