The Knowledge Congress, a service of Knowledge Group LLC and the leading producer of regulatory focused webcast, announced today that it has scheduled a live webcast on Auditor Independence: What You Need to Know. This two-hour event is scheduled on Tuesday, May 7, 2009, at 3:00 NN to 5:00 PM (ET – New York).
Recently, certain high-profile fraudulent cases have heightened the public's awareness of how important auditor independence is in the performance of various engagements. Indeed, independence standards materially affect the ways in which a CPA performs audit and other attestation-related reviews and services for the client. In audits conducted according to generally accepted auditing standards (GAAS), or the standards of the Public Company Accounting Oversight Board (PCAOB), audit teams are charged with the duty of giving reasonable assurance that their client's financial statements are free of material misstatement (whether caused by error or fraud). Auditor independence is a key element in providing such an assurance.
This Live Webcast will focus on the scope and conceptual framework for independence standards and will explain the different regulatory requirements, as well as interpretations published to help auditors understand the standards set forth concerning auditor independence. It will also address several other key issues, including: what the independence principles and safeguards mean to audit practice, what non-audit services are permitted or prohibited, how to apply the standards in specific nonaudit circumstances and the differences between the GAO and AICPA independence standards.
Speakers/Faculty Panel
Bella Rivshin, CPA, Associate Chief Auditor, Public Company Accounting Oversight Board (PCAOB)
For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_Auditor.html
About The Knowledge Congress
The Knowledge Congress, a service of The Knowledge Group LLC, is an organization that produces webcast that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
source :PR.com
