[CAFR-Contacts-News] Training Opportunity: NASACT Webinar, Feb. 29, 11:00 AM, 2 CPE Credits, Vet's Auditorium

[ROSS Kathryn * SCD SARS]

A NASACT Training Webinar

Clarifying the Clarity Standards: An Overview

Wednesday, February 29, 2012
11:00 AM - 1:00 PM

The State Controller's Division (SCD) will host a webinar sponsored by
NASACT in conjunction with the Association of Government Accountants and
the Association of Local Government Auditors.

It has been years in the making, but with the issuance of SAS No. 122,
Statements on Auditing Standards: Clarification and Recodification, the
Auditing Standards Board (ASB) of the American Institute of Certified
Public Accountants completed a major portion of its "Clarity Project."

SAS No. 122 (also known as the "Super SAS") brings together and codifies
39 clarified SASs that the ASB had finalized, but had not issued, during
the past three years. Because the Clarity Project spanned several years,
some of the earlier clarified standards needed to be updated to reflect,
among other things, amendments to certain SASs and changes in SAS
titles, terminology, and formatting that were introduced towards the
latter part of the project. In preparation for SAS No. 122, the
clarified SASs were reviewed and fine-tuned to identify and eliminate
inconsistencies and to verify cross-references.

SAS No. 122 also adds a preface to the Codification of Statements on
Auditing Standards titled, Principles Underlying an Audit Conducted in
Accordance With Generally Accepted Auditing Standards. These principles
provide a framework that is helpful in understanding and explaining an
audit. Further, these principles address the purpose of an audit, the
personal responsibilities of the auditor, the auditor's actions in
performing an audit, and auditor reporting. 

This webinar, the first of a two-part series on the clarity standards,
will provide an overview on:

*	Which standards changed?
*	Which standards are still being worked on?
*	How much is different? 
*	How will the new standards affect my audits?
*	What do I need to know now? 

Join Randy C. Roberts, Professional Practice Director for the Arizona
Office of the Auditor General, for this informative two-hour training
session. Randy served as a member of the Auditing Standards Board from
2008 through 2010 during the majority of the deliberations of the
Clarity Project. He has served, and continues to serve, on various AICPA
task forces.

 

Date:

 

Wednesday, February 29, 2012

Time:

 

11:00 AM - 1:00 PM

Location:

 

Veterans' Auditorium

700 Summer St NE Salem OR.

(Reminder - no food is allowed in the auditorium)

CPE:

 

Two credits

Cost:

 

Free (hosted by SCD)

Register:

 

https://ilearn.oregon.gov/Kview/CustomCodeBehind/Base/Login/Login.aspx

(Keyword: NASACT)

Materials:

 

Materials will be emailed to registered participants before the webinar.
Participants should print a copy of the materials to bring with them.

 

 

Kathryn Ross

Statewide Accounting & Reporting Manager

Oregon State Controller's Division

155 Cottage Street NE, U-50

Salem, OR 97301

NEW Phone:  (503) 373-0265

Fax:  (503) 378-3514

http://oregon.gov/DAS/SCD/SARS <http://oregon.gov/DAS/SCD/SARS> 

 

Data Classification: Level 1 - Published

 

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