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Use of technology in an audit of financial statements - Risk Assessment

 Various
 
2.0
Registration is Open
Member Price
$125.00 Regular Registration
Your Price
$149.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Thu, 07/24/2025 from 1:00 pm to 3:00 pm
 Thu, 08/21/2025 from 1:00 pm to 3:00 pm
 Thu, 09/18/2025 from 1:00 pm to 3:00 pm
 Thu, 10/23/2025 from 1:00 pm to 3:00 pm
 Thu, 11/20/2025 from 1:00 pm to 3:00 pm
 Thu, 12/18/2025 from 1:00 pm to 3:00 pm
 Thu, 01/22/2026 from 1:00 pm to 3:00 pm
 Thu, 02/19/2026 from 1:00 pm to 3:00 pm
 Thu, 03/19/2026 from 1:00 pm to 3:00 pm
 Thu, 04/16/2026 from 1:00 pm to 3:00 pm
Designed For:

Auditors, mainly experienced senior staff and managers Smaller firm practitioners performing audits Auditors looking to increase their skills, efficiency and effectiveness

Prerequisite:

Working knowledge of GAAS and the audit risk assessment process.

How technology can help auditors improve efficiency, effectiveness and quality [bold]

Auditors are perpetually in pursuit of enhancing the efficiency and effectiveness of their audits while upholding consistently high standards of quality. The integration of technology into the audit process can seamlessly accomplish these objectives.

Join us as we delve into the insights of two distinguished members of the AICPA Auditing Standards Board's Technology Working Group, including its chairperson. You'll learn how technology can empower auditors to navigate the escalating demands of modern audits, particularly in the face of overwhelming data volumes, by harnessing available tools.

Our presenters discuss common reasons auditors may resist using technology and why those reasons, even more commonly, are not always valid.

Once you have an understanding that overcoming barriers to entry is possible, the Technology Working Group experts will guide you through the audit process. You'll explore key junctures where automated tools, techniques and commercial software solutions can revolutionize your audit methodology for the better.

Our presenters then return to examine, in detail, how technology can help auditors during one of the most important steps in the process, the risk assessment. Highlighting benefits to efficiency and effectiveness, the new AICPA practice aid "Use of technology in an audit of financial statements" is the focus. Part I of this evolving practice aid takes a deep dive into risk assessment procedures. Walking through examples allows you to see how the guidance in the practice aid can assist in your daily work.

Delivery Method: Individual webcast
CPE Credit: Auditing
Program Level: Intermediate

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.

Objectives

  • Identify the perceived barriers and solutions to the introduction of technology tools into the audit process.
  • Recall the areas where technology can benefit a practitioner when performing an audit.
  • Identify the benefits of using technology when performing audit risk assessment procedures through a detailed example.

Speakers

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.