course

SAS 134-141: The New Auditor’s Report

(18)
4.5
28 Enrolled
2 Hours (On-Demand)
2.0 CPE  
Not currently accepting new students

The AICPA has issued a suite of standards updating the auditor’s report. In this course, we review SAS 134 in detail which provides the basis for the updated audit report and introduces the concept of KAM. Then we provide an overview of the impact of this suite on other information included in an annual report, ERISA reports, special purpose frameworks, and compliance audits. This course is essential for auditors of all levels and will provide the overview you need to consider how to draft your updated audit reports.

Course Key Concepts: New audit report, Materiality, EBP reporting.

Learning Objectives
  • Identify changes to the auditor's report.
  • Recognize changes to the ERISA report.
  • Identify and recall conforming amendments to the 800 and 900 section of the auditing standards.
Last updated/reviewed: August 5, 2023
6 Reviews (18 ratings)

Reviews

5
Anonymous Author
This presenter really knows the subject matter and explains it very well, with appropriate background explanations. It is a good course for auditors as well as financial statement preparers who want to understand the recent changes to audit reporting under GAAS.
5
Anonymous Author
Skilled and highly knowledgeable presenter with in depth expertise. Specialized knowledge is best for those specializing in audit. Others will certainly learn, but may find the content dense and moving too quickly without this background.
5
Member's Profile
I liked the final exam but I wish after each test, when your results are shown one can also see the where one went wrong.
5
Member's Profile
This course was tough! Lots of new terms to learn, but it was worth it. Thanks!
5
Member's Profile
THE REVISION MATERIALS PROVIDED WERE MORE RELEVANT AND EDUCATIVE ..
5
Member's Profile
Videos were very helpful and went straight to the subject matter.
Prerequisites
Course Complexity: Intermediate

Prior experience with audit standards of the AICPA

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to The New Auditors Report0:34
  SAS 141 and SAS 1349:10
  AU-C 70012:27
  AU-C 700 Cont'd18:05
  AU-C 7019:48
  SAS 13512:01
  SAS 1366:29
  New Report12:58
  SAS 137 and SAS 13812:16
  SAS 139 and SAS 14011:22
CONTINUOUS PLAY
  SAS 134-141: The New Auditor’s Report1:45:10
SUPPORTING MATERIAL
  Slides: The New Auditor’s ReportPDF
  The New Auditor’s Report Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam