US GAAS Update Program | 2-Day | GID 3003 | Hong Kong

Sunday, July 28th, 2024

£2,400.00

Upcoming Program: 30-31 December 2024

Contact us for additional 2024-25 dates.

U.S. Generally Accepted Auditing Standards (US GAAS) Update

As auditing standards continue to evolve, government and non-government auditors, accountants, and program managers must stay up-to-date. They should also understand the significance of these changes. Our comprehensive US GAAS Update Course is designed to help with that.

Over one day, you’ll learn about significant changes and clarifications to both authoritative and non-authoritative standards. These standards impact the practice of auditing. You’ll gain a deeper understanding of applying GAAS (SAS, SSAE, GAGAS, and IIA) and recent changes to these standards. You’ll also learn how to develop confidence in performing audits or receiving an audit.

We’ll review practical implementation issues for government and non-government operations. We will also consider the impact of International Auditing Standards and explore where standards are headed in the future.

This course suits individuals of all levels. Whether you want a general overview, need to learn about recent changes, or want to explore less commonly understood standards, this course is for you. Through a combination of lectures and discussions, you’ll leave with a current understanding of auditing standards and how to apply them in practice.

 

What will you Learn?

  • How to apply the AICPA’s Statements of Auditing Standards (SAS) and stay current with recent changes to these standards
  • How to apply the AICPA’s Statements of Standards for Attestation Engagements (SSAE) and stay current with recent changes to these standards
  • How to apply the AICPA’s Statements on Quality Control Standards (SQCS) and stay current with recent changes to the standards
  • Understanding of the AICPA’s Peer Review Standards and recent changes to the standards
  • Knowledge of AICPA’s various standards and pronouncements
  • How to apply Generally Accepted Government Auditing Standards (GAGAS) and stay current with recent changes to these standards
  • How to apply the Institute of Internal Auditors’ International Professional Practices Framework (IPPF) and stay current with recent changes to these standards
  • How to apply PCAOB’s standards and rules
  • How to apply International Auditing and Assurance Standards Board (IAASB) standards for auditing, assurance, and quality control
  • And much more.

By the end of the course, you will have a comprehensive understanding of the US GAAS framework. You will also be able to apply the latest auditing requirements in your practice.

 

Global US GAAS Program Schedule

Online | Dublin | Dallas | Hong Kong | Bengaluru | Seattle | New York City | Ho Chi Minh City | Chicago | London | Washington DC | Las Vegas | Miami | San Francisco

 

 

For More Information

Thank you for your interest in our US GAAS update course! To register or learn more about our program, please contact our customer services team. Our team is available to assist you with any questions you may have regarding the course, including pricing, schedule, location, and registration process.

You can reach our customer services team by phone, email, or online chat. We are dedicated to providing you with all the information you need to advance your professional development and stay current with the evolving US GAAS standards. We look forward to hearing from you and helping you take the next step in your career.

Instructor Bio

Our trainers have specialist knowledge and first-hand experience in implementing the International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Generally Accepted Accounting Principles (USGAAP), UK GAAP, Risk management strategies, Valuations, Mergers & Acquisitions, Corporate Governance, Environmental, social, and corporate governance (ESG) reporting, Supply Chain Management, Prudential regulations, Compliance matters (such as Basel regulations, Solvency II, Anti Money Laundering regulations and a number of other evolving regulatory matters) and a whole range of professional development programs (e.g., Negotiations Skills, Presentation Skills, Data Management, Python, Block-Chain, Digital Assets, Becker CPA etc.)

This ensures an engaging and stimulating learning experience for professionals and senior executives, helping to ensure knowledge is retained. They understand the accounting and regulatory requirements, risk environment, industry issues and challenges, risk management strategies, financial reporting & disclosure requirements, and compliance environment. They impart their knowledge using real-life industry examples, simple and user-friendly presentations of important concepts/approaches and case studies.

 

Instructor for this course

Shasat Faculty

 

Our Partners

Our Partners in Learning

Course Description

Introduction to GAAS and Overview of the Standards

  • Explanation of GAAS and its importance in the auditing process
  • Overview of the different types of GAAS standards, including SAS, SSAE, GAGAS, and IIA

Recent Changes to GAAS Standards

  • Review of recent changes to the GAAS standards
  • Discussion on how these changes impact the practice of auditing

Applying GAAS Standards

  • In-depth look at how to apply the GAAS standards, including SAS, SSAE, GAGAS, and IIA
  • Case studies and practical examples to illustrate the application of the standards

Practical Implementation Issues

  • Discussion on practical implementation issues that arise when applying GAAS standards
  • Analysis of common challenges and best practices for addressing them

Day 2:

International Auditing Standards

  • Overview of international auditing standards and their impact on GAAS
  • Comparison of GAAS standards with international auditing standards

Future of GAAS Standards

  • Analysis of the direction of GAAS standards and potential future changes
  • Discussion on how to stay up-to-date with the latest developments in GAAS standards

Real Life Examples

  • Examination of real-world scenarios and how GAAS standards apply
  • Group discussion and analysis of these examples

Group Case Studies

  • Group-based case studies to illustrate the application of GAAS standards
  • Analysis of findings and best practices for addressing challenges

Break Out Sessions

  • Small group discussions to explore specific topics related to GAAS standards
  • Opportunities for participants to ask questions and seek clarification on topics of interest

 

Why you must attend?

If you’re looking to stay up-to-date with the latest developments in the world of auditing, the US GAAS Update Course is an excellent opportunity to expand your knowledge and skills. During this comprehensive two-day program, you’ll learn how to apply the AICPA’s Statements of Auditing Standards (SAS), Statements of Standards for Attestation Engagements (SSAE), and Statements on Quality Control Standards (SQCS), as well as how to apply GAGAS, PCAOB standards and rules, and IAASB standards for auditing, assurance, and quality control. You’ll also gain a greater understanding of practical implementation issues for government and non-government operations, and the impact of International Auditing Standards.

Attending the US GAAS Update Course is a must for any auditor or accountant who wants to remain competitive in today’s fast-paced business environment. You’ll develop confidence in performing audits or being the recipient of an audit, and you’ll learn where standards are headed, giving you a competitive edge when it comes to staying ahead of the curve. With real-life examples, group case studies, and break-out sessions, you’ll have plenty of opportunities to apply what you learn to real-world situations, making the course engaging, interactive, and impactful.

Finally, attending the US GAAS Update Course is a great way to demonstrate your commitment to your professional development. With the ever-changing landscape of auditing, it’s essential to stay up-to-date with the latest industry trends, best practices, and regulatory requirements. By attending this course, you’ll not only gain new skills and knowledge but also show your clients, employers, and colleagues that you take your professional development seriously. You’ll return to work with a renewed sense of confidence and energy, ready to tackle any auditing challenge that comes your way. So why wait? Sign up for the US GAAS Update Course today and take your career to the next level.

 

Key Learning Features

  1. Comprehensive coverage of US GAAS framework: Participants will gain a comprehensive understanding of the US Generally Accepted Auditing Standards (US GAAS) framework and its various components such as SAS, SSAE, SQCS, GAGAS, and more.
  2. Focus on recent changes: The course emphasizes the recent changes in the US GAAS framework, ensuring that participants stay current with the latest developments in auditing standards.
  3. Real-life examples and case studies: The course includes real-life examples and case studies, enabling participants to understand how to apply the standards in practice.
  4. Group exercises and breakout sessions: The course includes group exercises and breakout sessions, providing participants with an opportunity to apply their knowledge in a collaborative and interactive setting.
  5. International perspective: Participants will gain an understanding of the impact of International Auditing Standards and the International Auditing and Assurance Standards Board (IAASB) on the US GAAS framework.
  6. Expert instructors: The course is led by experienced instructors who have extensive knowledge of auditing standards and practical experience in applying them.
  7. Practical implementation issues: The course covers practical implementation issues for government and non-government operations, helping participants to develop confidence in performing audits or being the recipient of an audit.
  8. Continuing professional education (CPE) credits: Participants will earn CPE credits for attending the course, helping them to meet their continuing education requirements.

 

Teaching Methodology

The teaching methodology for the US GAAS update course is designed to maximize your learning experience and help you retain the knowledge you need to succeed. Our instructors use a variety of teaching methods to keep you engaged and ensure that you understand the material. These methods include:

  • Interactive Lectures: Our experienced instructors will use interactive lectures to deliver the course material. This approach allows you to learn at your own pace, while also giving you the opportunity to ask questions and participate in discussions.
  • Real-Life Examples: Our instructors will use real-life examples to help you understand how to apply the US GAAS standards in practice. This approach allows you to see how the standards are used in the real world, giving you a deeper understanding of their significance.
  • Group Case Studies: Our instructors will lead you through group case studies that will challenge you to apply your knowledge of US GAAS to practical scenarios. This approach helps you develop critical thinking skills and prepares you to handle complex auditing issues.
  • Breakout Sessions: Our instructors will use breakout sessions to facilitate small group discussions, allowing you to interact with your peers and share insights. This approach promotes collaboration and helps you build professional connections.
  • Assessments: Our instructors will use assessments to test your understanding of the course material. This approach allows you to gauge your progress and identify areas where you may need additional support.

Overall, our teaching methodology is designed to help you become a proficient and confident auditor by providing you with the knowledge and skills you need to succeed. We are committed to your success and will work with you every step of the way to help you achieve your goals.

 

Who should Attend?

This course is suitable for government and non-government auditors, accountants, and program managers at all levels, including beginners, intermediate, and advanced professionals. Anyone who needs to stay current with evolving auditing standards and gain a better understanding of how to apply GAAS, GAGAS, IIA, and other relevant standards and pronouncements will benefit from this course. It is also ideal for those who want to review practical implementation issues for government and non-government operations and learn about the impact of international auditing standards.

 

Feedback

Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.

 

Venue & other info

Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us.  One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.

Please note that accommodation arrangements are the responsibility of the attendee.

 

Workshop Delivery (Online Programs)

The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
 

In-Person Workshop

Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
 

Changes to the conference

Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
 

Sponsorship

We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
 

Terms and Conditions

We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.

 

About shasat

Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.

Payment

Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.

We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.

 

Group discount

Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.

 

CPD hours

Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.

 

Enquiries

For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.

In-House Training

Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.

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