- NY Credits : 3.0
- TX Credits : 3.0
PCAOB 1301 and 2820: Communications with Committees and Evaluating Consistency
Upon successful completion of PCAOB 1301 and 2820: Communications with Committees and Evaluating Consistency, the user should be able to:
identify the required communications between an auditor and the audit committee;
explain the importance of establishing an understanding on the terms of the audit engagement and recording that understanding in an engagement letter;
discuss the auditor's responsibilities for identifying inconsistencies in financial statements, determining their effect on the current statements and previous statements, and reporting the differences to readers that might affect their ability to use the two sets of statements; and
describe the engagement quality reviewer's process and documentation.