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Free cpe webinars
Enhancing Audit Quality: Focus and Trends in 2021


Cost Free
Presentation Length 1.0 hour

Recorded DateMay 4, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAuditing
Course LevelBasic
Course Description

The AICPA’s Enhancing Audit Quality (EAQ) initiative is ongoing, with a purpose for improving audit quality in an increasingly complex world. Understanding this initiative’s trends and focus for 2021 will benefit you as an external auditor, as well as your firm’s entire audit team.
For those reasons, join industry thought leaders Carl Mayes from the AICPA, Brain Powers from Honkamper Krueger, and Andrea Hearn from Wolters Kluwer for a conversation that will undoubtedly help you and your firm be more successful this year.

Who Should Attend: All who perform audit engagements on public and non-public entities and are interested in improving their audit quality and efficiency should attend this session, including audit partners, audit managers, and audit staff.

Learning Objectives:

  • Identify which audit trends should matter most to firms and why

  • List what EAQ areas are the focus for 2021

  • Recognize how available tools and technology assist practitioners with compliance and success

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As the quality control partner and chair of the Honkamp Krueger's risk oversight committee, Brian focuses on the firm’s quality control system primarily within the assurance, tax, and advisory practices. His commitment to quality extends to other CPA firms, assisting them with their peer review requirements. In addition, he helps companies with a multitude of services, including assurance (audit, review, and compilation), accounting, financial report preparation, outsourced internal control, and other advisory services within the financial institutions, as well as professional services and manufacturing/distribution industries.


Carl Mayes

Senior Technical Manager


Carl Mayes is the Senior Technical Manager – Special Projects on the Public Practice and Global Alliances team at the American Institute of Certified Public Accountants (AICPA). He is responsible for managing practice quality initiatives for the AICPA including regulator quality studies, practice monitoring, and various technical and regulatory-focused projects. He is the project manager for the AICPA’s Enhancing Audit Quality initiative and manages the execution of the AICPA’s 6-Point Plan to Improve Audits.
Before joining the Public Practice and Global Alliances team, Mayes helped perform market research, develop the business plan and identify the membership model for the AICPA Not-for-Profit Section.

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Andrea Hearn is Technical Product Manager at Wolters Kluwer Tax and Accounting North America. Andrea works with customers and software teams to provide new audit products, new features, and industry titles for CCH® ProSystem fx® Knowledge Coach and CCH® Axcess® Knowledge Coach. Andrea also works closely with the Wolters Kluwer Research and Learning team to ensure titles have an optimal workflow for Knowledge Coach Customers.

Before joining Wolters Kluwer in 2006, Andrea worked as a business planning manager in the financial services industry and has a Master’s Degree in Arts from York University.

About Our Sponsor

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Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy, and efficiency – so they maximize the impact they create for their clients. Our focus is giving tax and accounting professionals the ability to grow, manage and protect their business and their clients’ businesses in a fast-moving and ever-changing world. It means that firms can stay ahead of the pack, take advantage of new technologies, transform, and capitalize on new opportunities.

Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (WKL), a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.