2025 Auditing Standards for CPAs: Fall Update
Author: Pat Patterson
| CPE Credit: |
2 hours for CPAs |
This course reviews new pronouncements, proposals, and issues from the AICPA's Auditing Standards Board (ASB) up to the date of the presentation. This course informs participants of the latest issues from the ASB and the AICPA for private entities including disclosures and materiality.
New and revised audit standards, attestation standards, audit and attestation interpretations and other new pronouncements about auditing from the AICPA are discussed.
Any newly released auditing and/or attestation issues from the AICPA are visited as deemed appropriate.
Publication Date: October 2025
Designed For
Professionals in public practice, business, industry, government, and education who deal with nonpublic entities and wish to stay current on professional standards pertaining to auditing should attend.
Topics Covered
- AICPA Auditing Standards Fall Updates
- New Audit Sections
- Professional Skepticism and SAS No. 145
- More Changes from the Auditing Standards Board (ASB) in Attestation Engagements
- Changes from the Accounting and Review Services Committee (ARSC) Statements on Standards for Accounting and Review Services (SSARS)
- Major New Challenges
- What to Do Now?
Learning Objectives
- Recognize the auditing pronouncements that impact private companies from the Auditing Standards Board (ASB) of the AICPA
- Recognize any new auditing standards recently issued and review the Auditing Standards that are substantive
- Recognize the statements regarding Statement of Quality Management Standards (QMS)
- Identify correct statements with respect to AU-C Section 570
- Recognize which SSAE resulted in the completion of the AICPA ASB's Clarify Project
- Recognize and identify new requirements and elements with respect to a firm's system of Quality Management (SQM) based on the new requirements of Quality Management (QM) standards
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Auditing (2 hours)
Program Prerequisites
Basic understanding of auditing and attestation standards.
Advance Preparation
None
