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Learn About the New Quality Management Standards with Renee Rampulla

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(Check-In 12:45pm EST)

Virtual

4.00 Credits

Member Price $219.00

Non-Member Price $309.00

Overview

You could pay $0 for this course!
This course qualifies for reimbursement through the State Workforce Training Express Fund. Firms/companies with fewer than 100 staff will receive 100% of the cost of training reimbursed. You must register for this course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks before the start date of the course to be eligible. The course code for this program is C-11350. To learn more click here or contact Julia Ekelund at jekelund@mscpaonline.org.

The new quality management standards will significantly impact most accounting firms with an assurance practice. Is your firm ready for these robust changes? Participants who attend this course will learn about these changes and available resources.  

Highlights

Upon completion of this course, you will be able to: 

  • Identify key differences between the existing quality control standard (Quality Control Standard No. 8) and the new quality management standards. 

  • Recognize how the quality management standards will impact an accounting firm’s practice, including the role of firm leadership 

  • Recall the engagement quality review requirements.  

  • Understand the available AICPA resources. 

Prerequisites

Experienced auditors and those individuals responsible for maintaining a firm’s system of quality control. 

Designed For

CPAs in public practice that are engaged to perform financial statement audits, reviews, and attestation engagements and those individuals responsible for maintaining a firm’s system of quality control 

Objectives

Learn about the new risk-based approach to quality management and the impact it will have on engagement partners, engagement teams, and engagement quality reviewers.  

Leader(s):

Leader Bios

Renee Rampulla, American Institute of CPAs

Renee Rampulla has over twenty years of professional experience. She writes, lectures, and consults on technical accounting and auditing issues. Renee has extensive experience in the auditing of public and privately held entities ranging from the manufacturing and service sectors, to financial services. Previously she was a partner in a regional accounting firm in the northeast in charge of the firm’s accounting and auditing practice and their quality control group. Renee is the president and founder of Rampulla Advisory Services, LLC. Her clients include nationally recognized professional organizations, accounting firms, companies, publishers and others. By devoting several years of her career at both regional and Big Four accounting firms Renee accumulated a wealth of technical and practical knowledge. In addition, she was a senior staff member of the American Institute of Certified Public Accountants (AICPA). At the AICPA Renee worked closely with senior technical committees, presented technical guidance before standard setters, and authored and updated several authoritative and non-authoritative publications. For several years Renee was an adjunct lecturer at a university in New York City where she taught numerous undergraduate accounting and auditing courses. Renee enjoys teaching and is an instructor and author of several continuing professional education courses for the New York State Society of Certified Public Accountants’ (NYSSCPA) Foundation for Accounting Education (FAE) and other organizations, covering a variety of accounting and auditing topics. Renee holds a BBA in Public Accounting from Bernard M. Baruch College. She is a member of the AICPA, the NYSSCPA, the New Jersey State Society of Certified Public Accountants (NJSCPA), the Institute of Management Accountants, the American Woman’s Society of Certified Public Accountants, and the Association of Certified Fraud Examiners. Renee serves as a committee member of the NYSSCPA’s Professional Ethics committee. She is currently the vice-leader of the NJSCPA’s Accounting and Auditing Standards Interest Group, becoming leader in June 2012. Previously she served as co-chair of the NJSCPA Accounting Standards and IFRS sub-committee interest groups.

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Non-Member Price $309.00

Member Price $219.00