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FMN Auditing  |  Format:

Sustaining the Auditing Profession: What Needs To Be Done?

Course Overview
While accurate and transparent financial reporting is vital to the integrity of our capital markets, there is little doubt that a strong auditing profession is essential for a well-functioning reporting system. Kenneth Goldmann, director of the SEC group at J.H. Cohn LLP, analyzes the recommendations of the Advisory Committee on the Auditing Profession for sustaining a strong and vibrant auditing profession.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • identify the tradeoff between financial statements that are reliable and those that are timely;
  • explain why business, accounting and government leaders believed that it was essential to study the auditing profession at this juncture;
  • distinguish between the needs of investors in using financial statements and the demands of the judicial system in examining financial statements;
  • describe how human capital issues, such as the supply of accountants, affect the quality of audits.

    Available For: $59.98 An annual subscription to FMN & CPA Report Online Subscription is also available for: $598.00 (tell me more)
       
    Catalog Number: FMN788-FM
    Credits: 2 NASBA / 2 QAS
    Author: FMN Online
    Prerequisites/
    Advanced Preparation:
    Work experience in auditing or financial reporting, or an introductory course in accounting
    Course Level: Update
    Field of Study: Auditing
    Content Partner: FMN Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: New Standards
    Soft/Hardware Reqs.: » Adobe Acrobat® Reader for the .pdf files
    » If using Microsoft® Internet Explorer®, use version 5.5 or later
    » If using Netscape Navigator, use version 7.x or later
    » If using Safari, use version 1.x or later
    » Macromedia Flash® 7 Player
    » Internet connection at 28.8-Kbps or faster speed
    » Mac OS X
    » If using a PC: OS Microsoft® Windows® 2000 or later
    » Ram: 256 MB miminum
    » Sound card with speakers/headphones
    » ISDN, DSL, T-1, or comparable Internet connection
    Release/Expiration Dates: Sep 09, 2008 / Apr 13, 2010
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