1-Hour Program

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Overview

November 28, 2017, 4:00 pm - 5:00 pm (E.T.)

On June 1, 2017, after several years of work, including research and constituent feedback, the Public Company Accounting Oversight Board issued their new Audit Standard to significantly modify the Auditor’s Report.  On October 24, 2017, the SEC formally approved the new standard.  The standard will make several changes to the content and format of the auditor’s report for years ending after December 15, 2017.  It also requires that auditors discuss Critical Audit Matters beginning in 2019 or 2020, depending on whether the issuer is a large accelerated filer. 

Please join Jay Hanson, former PCAOB Board Member, and George M. Wilson, a Director at SEC Institute, as they help you: 

  • Understand the definition of and required discussion of Critical Audit Matters
  • Learn the effective dates of the various changes to the auditor’s report
  • Review the implications of these changes for auditors and management and audit committees
  • Learn about changes to the format of the auditor’s report
  • Understand the requirement to disclose auditor tenure
  • Review the requirement to discuss independence

Credit Details