JGA and PLI to Present Key Issues in ICFR Audits for 2020

 
LOS ANGELES - Oct. 19, 2020 - PRLog -- Jackson Johnson, JGA President, and Dane Dowell, JGA Director, are excited to partner with George Wilson, PLI SEC Institute Director, for Key Issues in ICFR Audits for 2020 in the COVID-19 Environment, a timely and informative one-hour briefing held virtually on October 26th at 3 pm EST.

This briefing will focus on areas that are worthy of reexamination during these shifts to the financial reporting process, including controls over accounting estimates, business acquisitions, goodwill and other asset impairment considerations, and other areas impacted by the disruption and uncertainty of COVID-19. 

"Based on what I'm seeing with clients, the ever-evolving health crisis of 2020 is forcing companies to modify their operations as they find ways to save costs and continue operating in remote environments," commented Dane. "It's going to be an interesting year for companies and audit firms alike as they ensure the internal controls over financial reporting are suitably designed and operating effectively throughout the year, even if everyone is now remote."

"As firms continue to struggle with the effects COVID-19 has had on ICFR and establishing effective internal control over financial reporting," stated Jackson, "we saw a great need for this briefing.  We are looking forward to a candid dialogue with George Wilson from both a preparer and auditor perspective."

Topics for this briefing will include:

• Overview of key ICFR concepts and the steps in an audit of ICFR
• ICFR for accounting estimates
• ICFR for acquisition transactions
• ICFR for management issues such as operating segment identification
• Impact of COVID-19 on ICFR and the evaluation process
• Frequent PCAOB findings in ICFR audits

Go to https://www.pli.edu/programs/key-issues-in-icfr-audits-fo... to register for this briefing.

Jackson Johnson, JGA President, has over 15 years of experience in the accounting and auditing industry including over five years of experience working at the PCAOB. Prior to the PCAOB, Jackson worked for Grant Thornton LLP in Boston, Los Angeles, and Hong Kong.

Dane Dowell, JGA Director, has over 14 years of experience in the accounting and auditing industry including over five years of experience working at the PCAOB. Prior to the PCAOB, Dane worked for PwC in Denver, Singapore, and Washington, D.C.

About Johnson Global Accountancy
Johnson Global Accountancy is dedicated to helping public accounting firms around the globe achieve the highest level of audit quality. All CPAs and former PCAOB inspection staff, JGA professionals are passionate and practical about working alongside firm leadership to ensure the right controls, policies, and practices are implemented throughout the organization.

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Sara Trifiro
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Tags:ICFR audits
Industry:Accounting
Location:Los Angeles - California - United States
Subject:Events
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