Handling Post-Issuance Audit Matters​

Course Description:
 
This course reviews auditor responsibilities when issues are discovered after the audit report is issued. It covers how to spot and assess deficiencies on current, completed, or other firms’ engagements, the role of quality control and regulators, and steps for updating documentation or performing additional procedures. The course also explains working with clients and regulators to ensure accurate disclosures and avoid reliance on outdated reports.

Learning Objectives:

Upon completion of this course, you will be able to:

• Identify engagement deficiencies and situations requiring subsequent discovery of facts
• Determine procedures to update documentation and address gaps in evidence
• Select actions for client or regulator involvement and necessary revisions to reports