The Public Company Accounting Oversight Board today announced two webinars on the implementation of new auditing standards. Webinars on the implementation of Auditing Accounting Estimates, Including Fair Value Measurements and on Auditor’s Use of the Work of Specialists will take place on Tuesday, April 21, 2020.

Providing useful, timely, and accessible information is a key objective of the Board’s five-year strategic plan, and these webinars aim to assist auditors ahead of the implementation of these standards. Like many organizations, we have postponed in person events and are mindful of the challenges presented by the current environment. In addition to the live webinars on April 21, we will make replay available online so those interested can participate at their convenience.

Webinar on Auditing Accounting Estimates, Including Fair Value Measurements

Tuesday, April 21, 2020
1:00 pm – 2:15 pm ET

The webinar on auditing accounting estimates will provide an overview of the rulemaking on auditing estimates and highlight aspects of the new requirements. Additional resources, including staff guidance, are currently available on the auditing accounting estimates implementation page.

Webinar on Auditor’s Use of the Work of Specialists

Tuesday, April 21, 2020
2:45 pm – 4:00 pm ET

The webinar on specialists will describe amended requirements for an auditor’s use of the work of a company’s specialists as audit evidence and using the work of an auditor’s specialist. It will also cover changes to planning considerations under the amended requirements. Additional resources, including staff guidance, are currently available on the auditor’s use of the work of specialists implementation page.