New Webinar: 'Skepticism and the External Auditor'

The Center for Audit Quality (CAQ), National Association of Corporate Directors (NACD), Financial Executives International (FEI), and The Institute of Internal Auditors (The IIA) - representing key members of the financial reporting supply chain - just released "Skepticism and the External Auditor," the latest webcast in the NACD-developed Skepticism Series to Combat Fraud.

"Skepticism and the External Auditor" explores the professional skepticism exercised by the external auditor throughout the audit process. Moderated by Michele Hooper, a NACD and CAQ board member, the webinar features CAQ Executive Director Cindy Fornelli and Greg Weaver, chairman and CEO of Deloitte & Touche LLP. Panelists discuss the importance of professional skepticism to auditor independence and audit quality, how auditors exercise skepticism in their interactions with other members of the financial reporting supply chain, and the ways that firms train their auditors to be skeptical.
 
The webinar is part two of a five-part series that highlights the importance of skepticism - as applied by external auditors, audit committee members and other directors, financial executives, and internal auditors - in the overall effort to deter and detect financial reporting fraud. The first webinar, "The Etiquette and Ethics of Skepticism," was released October 1.
 
Future webinars in the series include "Skepticism and the Audit Committee" (October 29); "Skepticism and the Financial Executive" (November 5); and "Skepticism and the Internal Auditor" (November 12). The series will conclude with a whitepaper that will summarize webinar content and feature additional resources for skepticism.
 
The webinar series, including "Skepticism and the External Auditor," is available on the NACD website
 
Source: October 22, 2012, Center for Audit Quality Press Release
 

You may like these other stories...

IRS audits less than 1 percent of big partnershipsAccording to an April 17 report from the Government Accountability Office (GAO), the IRS audits fewer than 1 percent of large business partnerships, Stephen Ohlemacher of the...
Is it time to consider a value added tax?Forbes contributor Joseph Thorndike wrote yesterday that he believes the tax reform proposal by House Ways and Means Committee Chairman Dave Camp (R-MI) was dead on arrival. But he...
Read more from Larry Perry here and in the Today's World of Audits archive.The planning phase of an audit engagement of an entity using US GAAP or a special purpose framework will, with minor differences, include similar...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.