Conducting a Remote Audit - Connecticut Society of CPAs

Overview

Auditing for today’s world

Remoting auditing is happening everywhere you turn. Understanding the considerations for a remote audit and the specific techniques for performing the engagement will help you integrate remote auditing into your practice.

You will learn how to:

Leverage the benefits of remote auditing

Manage the team, client, and audit process remotely

Identify engagement-wide procedures from client acceptance through report issuance when remote auditing

Identify and obtain audit evidence for generally material accounts

Objectives

Identify why remote auditing has become an important skill.
Recall the general characteristics of a remote audit.
Identify techniques for managing your team, the client, and the remote audit process.
Identify the considerations for engagement-wide audit procedures, including client acceptance, risk assessment, fraud, and documentation.
Recall the considerations for obtaining and using audit evidence and for professional skepticism when conducting a remote audit.
Identify general considerations for auditing significant asset and liability accounts.
Identify techniques that can be used in remote walk-throughs and controls testing.
Recall techniques to effectively perform inventory procedures when conducting a remote audit.

Highlights

Benefits of remote auditing

How to manage the team, the client, and the audit process remotely

Engagement-wide procedures, from client acceptance through report issuance when remote auditing

Narrow-topic considerations when remote auditing

Designed For

Auditors

Prerequisites

None

Notice

You will receive an email from the AICPA with instructions to access the webinar.

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Daryl Krause

Leader Bios

Daryl Krause

Daryl G. Krause, CPA

Daryl has CPA certifications in several Midwestern states. Since 2008, Daryl has been a frequent CPE program leader/facilitator for the AICPA, Surgent, the Indiana CPA Society, and other state societies throughout the United States, as well as for in-house programs sponsored by firms and organizations. He was recognized as a Surgent Outstanding Discussion Leader during the 2023, 2021, 2020, and 2018 CPE seasons. He was also a recipient of a 2021 Outstanding Facilitator Award issued by the AICPA & CIMA. He is experienced in both live and virtual CPE training delivery. He has served in a variety of parts in the CPE delivery process, including performing technical content reviews, serving as author and contributing author to programs and technical publications, presenting webcasts for video recordings, and monitoring rebroadcasts of such webcasts. Daryl founded DG Krause LLC in 2005. DG Krause LLC performed employee benefit plan audit services from April of 2005 through October of 2023. Daryl served as the primary performer of these engagements as well as serving as the sign-off partner. Previously, he enjoyed 23 years of diversified responsibilities with Ernst & Young. Daryl served as an auditor for many industries, including manufacturing, construction, real estate, and financial services. Daryl’s roles included Ohio Valley Area Director of Employee Benefit Plan Services (in which he was responsible for overseeing the audit services provided to over 500 ERISA employee benefit plans each year for an eight-year period) and senior manager in the Entrepreneurial Services group. As a senior manager in EY’s National Professional Development group for a five-year period, he was involved in designing, developing, and delivering core curriculum Audit and Entrepreneurial Services CPE training programs for the entire U.S. practice. Mr. Krause holds a Bachelor of Business Administration degree in accounting from the University of Wisconsin-Oshkosh.

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