Description
The assurance profession continues to undergo rapid change, influenced by evolving regulatory standards, shifting stakeholder expectations, and accelerated adoption of technology in the audit process. CPAs are being asked to deliver more reliable, transparent, and forward-looking assurance while navigating increasingly complex requirements from domestic and international standard setters.
This 2025 Assurance Update provides CPAs with the tools and insights needed to adapt effectively to the profession’s changing demands. Participants will examine the latest developments from the AICPA, PCAOB, and IAASB, with special attention to new standards, regulatory inspection findings, and convergence trends. Focus areas will include heightened responsibilities for fraud risk assessment and internal control evaluation, the growing importance of ESG and sustainability reporting, and the expanding role of advanced technologies such as AI, blockchain, and data analytics in assurance engagements.
Beyond technical updates, the course emphasizes practical application: strategies for efficient implementation, documentation shortcuts that meet regulatory expectations, and methods to strengthen audit quality while managing resource constraints. Real-world case studies and scenarios will be used to illustrate common pitfalls and provide actionable guidance that practitioners can immediately apply in their engagements.
Designed for both public practice auditors and industry assurance professionals, this course reinforces the CPA’s role as a trusted, ethical, and forward-thinking professional in an environment of rapid change.