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Preparing for the Audit in 2012
   LIVE Webcast  


Event Details:                                                                                                                                                          

Recent Public Company Accounting Oversight Board (PCAOB) guidance may affect how to conduct audits in 2012. Expected changes in auditing standards, auditing process may necessitate a new look at how to manage compliance. Auditors and public companies must be aware of these changes to remain in compliance and avoid restatements.

The Knowledge Group has assembled a panel of key thought leaders and experts to help you make more thoroughly understand the substantive topics that may affect auditing standards this 2012.

They will address the following key issues:

The group will present their findings in a 2 hour LIVE webcast scheduled for: Friday, September 14, 2012

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Advance Preparation: Print and review course materials
Course Code: 124299
Recording Fee: $299 (Please click here for details)


Featured Speakers for Preparing for the Audit in 2012 LIVE Webcast :

Agenda  (click here to view more)

Jessica Watts, Associate Chief Auditor,
Public Company Accounting Oversight Board

  • • History of the proposal
  • • New requirements
  • • Enhancements to the current requirements
  • • Planned effective date

Richard H. Gesseck, CPA, Partner,

  • • What’s wrong with auditing?
  • • Preliminary analytics: There’s more than one right way.
  • • Risk assessment: Using risk assessment as an audit tool.
  • • Documentation: There must be a better way.
  • • Testing: Controls, Account Details, and Dual Purpose

Fred J. Peterson, Partner,
Moss Adams LLP

  • • Update on Auditing Standards Board Clarity Project
  • • Proposed Changes in the Reporting Framework
  • • Discussion of AICPA Exposure Drafts and Changes in Auditing Standards

Anthony J. Costantini, Partner, Head, Professional Liability Practice,
Duane Morris LLP

  • • Standard mainly focuses on the relationship between an audit committee and the entity's auditors, but if the communication is important enough, other Board members should be made aware.
  • • Essence of any important communication should be in writing so there is no doubt as to the substance of the communication.
  • • Timeliness is important. If some observed deficiency should be addressed, communicate immediately.
  • • Meetings are appropriate, but make record of meeting.
  • • While the main goal is to improve management responsiveness, an important second goal is to improve an auditor's defensive posture if a communication proves unsuccessful.
  • • In preparing for the audit, establish what concerns the Audit Committee might have and address those concerns in the audit plan. Make sure audit committee understands the limitations of any audit.

Public Company Accounting Oversight Board
Jessica Watts
Associate Chief Auditor
speaker bio »»

Richard H. Gesseck, CPA
speaker bio »»

Moss Adams LLP
Fred J. Peterson
speaker bio »»

Duane Morris LLP
Anthony J. Costantini
Partner, Head, Professional Liability Practice
speaker bio »»

Who Should Attend?

- CFOs & Finance Teams
- Independent Auditors
- Internal Auditors
- Accountants
- Managers in nonpublic companies, non-profits and government agencies
- Others involved in Internal Control
- Plan Sponsors

Why Attend?

This is a must-attend event for anyone interested in understanding the issues and learning the best practices with respect to Audits in 2012.

- New guidance will be explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Advanced registration is recommended as space is limited. Register early and save! Click the “Register” button below to sign up for this course today.

Registration Information:                                                                                                                                    

(Click here for information on group registrations and discounts)

Please note, the event date is firm although it may be subject to change. Please click here for details.
The Knowledge Group, LLC is producing this event for information purposes only. We do not intend to provide or offer business advice. The contents of this event are based upon the opinions of our speakers. The Knowledge Congress does not warrant their accuracy and completeness. The statements made by them are based on their independent opinions and does not necessarily reflect that of The Knowledge Congress' views. In no event shall The Knowledge Congress be liable to any person or business entity for any special, direct, indirect, punitive, incidental or consequential damages as a result of any information gathered from this webcast.

















Preparing for the Audit in 2012
LIVE Webcast
Event Sponsors:

One of the leading accounting and consulting firms in the United States, J.H. Cohn LLP specializes in audit, accounting, tax, and business consulting services for public and private companies and not-for-profit organizations. Since 1919, the Firm's philosophy has remained constant: to provide a highly personalized approach to each client, with intelligent guidance and solutions driven by technical and industry expertise that positively affect client profitability and growth. J.H. Cohn has cultivated a reputation for strategic insight, proactive leadership, unwavering integrity, and a genuine concern for clients and their businesses.

To help clients think and act across national boundaries, J.H. Cohn is an independent member of Nexia International, a global network of independent accountancy, tax, and business advisors and the tenth largest provider of audit and advisory services worldwide. The Firm has offices in New York, New Jersey, Connecticut, Massachusetts, and California.

Moss Adams LLP is the 15th largest accounting and consulting firm in the United States. Founded in 1913 and headquartered in Seattle, Moss Adams has 21 locations in Washington, Oregon, California, Arizona, New Mexico and Kansas. Our staff of over 1,800 includes approximately 230 partners. We’re also a founding member of Praxity, AISBL, a global alliance of independent accounting firms in the major markets of North America, South America, Europe, and Asia. Nationwide, Moss Adams provides accounting, tax, and consulting services to public and private middle-market enterprises in many different industries.

Duane Morris LLP, a global law firm with more than 700 attorneys in offices across the United States and around the world, offers innovative solutions to the legal and business challenges presented by today's evolving international markets. Throughout its more than 100-year history, Duane Morris has fostered a collegial culture, where lawyers collaborate to leverage our collective knowledge and experience. Our lawyers are leaders in a wide range of legal disciplines and are as diverse as the clients they serve.

Speaker Firms:

Public Company Accounting Oversight Board


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Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

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