Course Information

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Audit Risk Alert--2007/08
Author: Perry M. Henderson, CPA, MPA

Description:
This course reviews the 2007/08 AICPA Audit Risk Alert. This year's Audit Risk Alert covers a wide variety of topics, such as SAS 103, the Risk Assessment Standards (SASs 104-111), and SAS 112. In addition to those topics, it provides information in other areas of interest to auditors, including economic and industry developments, auditing and accounting developments, the AICPA Clarity Project, and convergence with international standards. Subjects covered in this course include:

  • An overview of certain economic and industry developments that are of interest to the auditing profession.

  • Recent auditing standards and developments for communications with those charged with governance, and for internal control audits of SEC issuers.

  • Recent accounting standards and developments for fair value measurement, postretirement plans, and income taxes.

  • Discussion of the general objectives of the AICPA Clarity Project and International Convergence.
Course Details:
Price:  $30.00
Field of Study:  Auditing
Prerequisites:  None
Level:  Overview
Course was last updated on:  11/11/2008
Library:
Learning Center Core
Accounting and Audit

Technical Requirements:
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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.