Audit Update - 2025
Date: Friday, October 24, 2025
Instructor: Garth Sheriff
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
1 hour for CPAs |
|
In this course we will discuss significant audit pronouncements, exposure drafts and areas for discussion by the AICPA, PCAOB and IAASB (International Auditing and Assurance Standards Board) and their implications for audit and assurance practitioners. We will also provide action steps to help practitioners affected by current or soon-to-be effective changes to the audit standards.
Topics Covered
- New or revised standards for 2025
- Exposure draft auditing standards
- PCAOB pronouncements
- AICPA pronouncements
- IAASB pronouncements
- Defining ATT (automated tools and techniques)
- Examining the expectation gap and the auditor’s responsibility for fraud
- Examining the impact of generative AI on the audit profession
Learning Objectives
- Identify the audit standards that are effective for 2025
- Explain the impact of audit standards effective for 2025
- Identify the hot topic issues as identified by the PCAOB and AICPA
- Identify the auditor’s responsibilities relating to fraud in an audit of financial statements
- Identify exposure drafts that are relevant to audit practitioners
- Explain the impact of automated tools and techniques
- Explain the impact of generative AI on the audit profession
Level
Intermediate
Instructional Method
Group: Internet-based
NASBA Field of Study
Auditing (1 hour)
Program Prerequisites
Currently working as an audit professional
Advance Preparation
None
