Conducting a Remote Audit

Event Date

July 20, 2021

Event Time

7:00 pm

Event Location

Remote auditing has become part of the “new normal.” Review key techniques to overcome the distance from your client and new best practices in remote audits so you will be prepared for anything the future holds.

Remote audits and application of the latest standards to real-life examples

Auditing changed significantly in 2020, and some of those changes are likely to be with us permanently. This webcast will take the auditing standards we must follow and apply them practically to real-life examples of remote auditing.

Key Topics

  • SAS 142, Audit Evidence, and how it applies to remote audits
  • Performing audit steps remotely
  • Risk assessment when performing a remote audit
  • Navigating difficult conversations with clients when remote auditing

Learning Outcomes

  • Apply GAAS to a fully remote audit.
  • Identify and consider new risks related to remote auditing.
  • Interpret SASs to update audit procedures to address risk assessment.

Who Will Benefit

  • Auditors

Speakers

Daryl G. Krause CPA

Mr. Krause has CPA certifications in several Midwestern states. He practices public accounting as Manager & CEO of his regional CPA firm, headquartered in Indianapolis, Indiana, which he founded in 2005. DG Krause LLC is a member of the AICPA’s Employee Benefit Plan Audit Quality Center and performs employee benefit plan audit services for which Daryl serves as the sign-off partner. Daryl has led 145 courses for the AICPA in 30 states and the District of Columbia since 2008. He also has performed technical reviews during the development of certain AICPA courses. Currently a key project team member on the AICPA’s 2016 update of its Employee Benefit Plans-Best Practices in Presentation and Disclosure publication. Author of several employee benefit plan-related DG Krause LLC CPE programs offered by the Indiana CPA Society. Previously he enjoyed 23 years of diversified responsibilities with Ernst & Young as outlined below. Industries he served included manufacturing, construction, real estate and financial services. – Daryl was the Ohio Valley Area Director of Employee Benefit Plan Services specialty audit practice for 8 years responsible for the technical accuracy and quality of over 300,000 hours of employee benefit plan audit effort. Roles included sign-off partner for approximately one third of the entire area’s engagements, independent reviewer on approximately 100 additional plans per year and technical advisor for all work. – As Senior Manager in the Entrepreneurial Services group for 3 years he managed a portfolio of corporate audit client relationships. Roles included providing SEC reporting assistance to new public companies, assisting in due diligence on potential acquisitions and helping companies improve their controls and financial reporting processes. – He served in E&Y’s National Professional Development group as a Senior Manager for 5 years. Roles included designing, developing and delivering core curriculum Audit and Entrepreneurial Services training programs for the entire U.S. practice. Part of the 11 member team that completed the development effort to introduce the Ernst & Young Audit Approach training for Staff through Partner following the Ernst & Whinney and Arthur Young merger, which was deemed a critical success factor for the newly formed Ernst & Young.

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Event Location

Total Seat 5 (5 Left:)

Event Schedule Details

  • July 20, 2021 7:00 pm - 11:00 pm
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