BANCU2406. Hot Topics in Auditing Issues

Explore the recent hot topics in auditing with two seasoned veterans. Auditing takes on a new meaning when economic conditions worsen. Learn what planning items you should consider for this upcoming audit season. Also, we go through lessons learned after year one of CECL and plan for year two.

Learning Objectives:

• Recognize the economy's impact on the audit risk assessment
• Analyze lessons from year one of current expected credit loss (CECL)
• Apply lessons from year one of CECL in planning for year two