Course Individually
Course Description
Auditing – Using Specialists and Issuing Comfort Letters is a CPE webinar that will discuss the review the guidance of SAS No. 73 in respect to the use of a specialist in an audit. This webinar will identify procedures an auditor may consider performing to access laws and regulations that may affect the audit of a governmental entity. This webinar will discuss how the auditor should proceed in instances where noncompliance could have a material effect on federal financial assistance programs. This webinar will define the applicability of SAS No. 76 in regards to comfort letters in compliance with SEC requirements.
We provide a Subject Matter Expert (SME) to answer any questions you may have during this session. SMEs are available from 8am to 7:30pm Central Time. This course should only be taken during SME hours.
Learning Objectives
At the end of this webinar, students will be able to:
- Identify the guidance provided by SAS No. 73 concerning the use of a specialist in an audit.
- Identify procedures an auditor may consider performing to access laws and regulations that may affect the audit of a governmental entity.
- Identify how the auditor should proceed in instances where noncompliance could have a material effect on federal financial assistance programs.
- Recognize the nature and scope of comfort letters and guidance on format and contents.
- Recognize what an auditor may or may not comment on in regards to tables, statistics and other financial information in a comfort letter.
CPE Credits: 3 CPE for CPAs
Level: Intermediate
Instructional Method: Group Internet Based
NASBA Field of Study: Auditing
Program Prerequisites: None
Advanced Preparation: None
Revision Date: March 23, 2023
