Do your friends think you do taxes for a living even though you’re a financial statement auditor? Do you, as a financial statement auditor, understand the purpose of your job and the various requirements that come along with it? In this CPE eligible (1.0 hour) eLearning course, we focus on the purpose of a financial statement audit and the numerous responsibilities of a financial statement auditor as prescribed by both PCAOB and U.S. GAAS auditing standards, including what it means to be “independent.” Additionally, we introduce the various risks that a financial statement auditor must consider and address. The following PCAOB and U.S. GAAS standards are covered: AS 1001, AS 1005, AS 1010, AS 1015, AS 1101, AU-C Section 200