Audit Strategy through Audit Education

Enjoy complimentary access to recorded presentations from every session delivered during the Audit Talks Live – Fall 2020 virtual conference.

On November 16-17, 2020, Wolters Kluwer hosted the fourth installment of Audit Talks – LIVE. This complimentary, virtual conference was designed for the purpose of delivering audit strategy to the accounting profession through education and tips .

The Wolters Kluwer Tax & Accounting team, together with speakers from the American Institute of Certified Public Accountants (AICPA), Boomer Consulting, Inc., CPA practitioners, and other thought leaders shared insights and auditing best practices. Specifically, many sessions detailed how to enhance workflows and improve audit quality through audit strategy that includes advanced audit technology. Presenters included professionals from the following firms:

  • Boomer Consulting, Inc.
  • CitrinCooperman
  • Anglin Reichmann Armstrong, P.C.
  • Hersman & Associates
  • Akin Doherty Klein & Feuge
  • RubinBrown
  • Saville Dodgen & Co.

Practitioners from across the U.S. attended the live virtual conference in November. However, a busy schedule may not have allowed you to participate in some of the sessions you wanted. It’s not too late, though. You can enjoy complimentary, unlimited online access to all recorded sessions. Check it out today.

Check out all of the sessions at your convenience

Audit Talks – LIVE featured 16 unique 30-minute sessions divided into three tracks – Auditing for Superheroes, Accounting & Reporting Insights, and Navigating the Firm Landscape. To begin with, audit strategy technology topics ranged from how to leverage audit data analytics to what’s ahead for artificial intelligence and blockchain in auditing. Additionally, the conference offered plenty of sessions about firm management, from how to avoid scheduling nightmares to how to achieve good work-life balance in small firms. Presenters also shared the latest information about new auditor reporting standards and peer review findings. Here’s a complete list of the sessions presented:

  • Audit Talks LIVE — Keynote, Talent Reboot
  • The Auditor? Sounds Like the Sequel to ‘The Accountant’!
  • Avoid Risky Business
  • Refresh Your Knowledge — New Auditor Reporting Standards
  • Peer Review Update
  • Scheduling Nightmares?
  • CCH Axcess™ AutoCheck: Completing Financial Statement Disclosures Checklist Effectively
  • Good Work-Life Balance in a Small Firm
  • Standards and Analytics 101
  • Be on Cloud 9 in 2020
  • Need Time-Savings for Your Tax Group?
  • Delightful Audits!
  • Ready to Better Manage Your Audit Workflows?
  • The Future, Success and CCH Axcess™ Engagement — They’re All Connected
  • Closing Comments — An Outside Look In

Hear audit strategy from firms first-hand

Many sessions include practitioners who shared their real-world experiences with enhancing audit workflows using Wolters Kluwer solutions. The Wolters Kluwer Integrated Audit Approach focuses the audit process on auditor judgment, covering the entire end-to-end workflow. The approach leads to increased efficiency and guides firms to a higher quality audit while avoiding over or under auditing. That’s an audit strategy all audit firms should strive for! With attention to risk, this approach ensures every audit gets tailored to the client, creating linkage to the assessed risk and the work performed.

The Wolters Kluwer Integrated Audit Approach combines the powerful content-driven tools of CCH® ProSystem fx® Knowledge Coach and CCH Axcess™ Knowledge Coach, with the efficiency of CCH® ProSystem fx® Engagement. Also, TeamMate® Analytics drives quality by delivering deeper insights. Further, auditors benefit from the comprehensive content of CCH® Accounting Research Manager®. CCH Axcess™ Financial Prep is the first dynamic cloud-based trial balance solution that integrates with Xero and QBOnline. Additionally, CCH Axcess™ Workstream and CCH Axcess™ Tax streamline workflows. Stay tuned for the release of other cloud-based audit solutions coming soon to the award-winning CCH Axcess™ platform.

Check out the Audit Talks – LIVE recorded sessions and walk away with plenty of audit strategy ideas. Undoubtedly, you’ll gain insights and advice to help drive audit quality and deliver greater value to your clients.

AUTHOR

Joel Ortner

All stories by: Joel Ortner