Auditor/Accountant Communications: SAS No. 115 and Other Critical Requirements

With the recent release of SAS Nos. 114 and 115, expectations have increased for auditors to openly and candidly communicate significant findings and issues related to the audit. This course will help you understand how to implement these standards as well as other forms of auditor/accountant communications, including engagement and management representation letters, confirmations and auditor/accountant reports.

The newly issued SSARS No. 19, Compilation and Review Engagements, effective for periods ending on or after December 15, 2010, establishes the new standards by which compilation and review engagements are to be performed.

OBJECTIVES

• Understand and implement the requirements of SAS Nos. 114 and 115
• Review and understand other selected forms of auditor/accountant communications including engagement and management representation letters, confirmations and auditor/accountant reports and other types of communications

PREREQUISITE: Basic understanding of accounting and auditing principles

In this video, the standards and the types of communications will be discussed by co-moderator Anne Oestriecher, CPA, Registered Representative at Oestriecher Financial Management Services in Alexandria, LA; co-moderator Kurt Oestriecher, CPA, Partner with Oestriecher & Co., CPAs in Alexandria, LA, and presenter Russ Madray, CPA, CIA, CMA, CFM, President of the Madray Group, Inc., an accounting and auditing technical consulting practice.