The International Auditing and Assurance Standards Board (IAASB) of the International Federation of Accountants (IFAC) completed its clarity project over a decade ago. Since then, key projects to enhance and improve the standards resulting in some significant changes to the reporting and communication, along with independence & ethics and professional skepticism.
This session is designed to enable U.S. auditors to transition and understand and comply with the requirements by providing a detailed overview of the key differences between International Standards on Auditing (ISAs) issued by the IAASB and the changes to the suite of standards resulting from projects they have completed in the last few years as compared to the U.S. professional standards.
Who Should AttendCPAs, accountants, auditors and practitioners who want to understand the IFAC’s IAASB Standards and the key differences from U.S. GAAS and the AICPA’s Professional Standards.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Auditing (2 hours)