Level 2 prepares less-experienced staff for assuming a greater level of responsibility on engagements. Once staff have “gotten their feet wet” by participating on a few engagements, this course will help auditors thoughtfully reflect on their experiences, and help to take basic knowledge to the next level. This course will include many real-life case studies for common audit areas assigned to staff in the first year.
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10/11/2017
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When:
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Wednesday, October 11, 2017 7:00:00 AM - 3:00:00 PM
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Where:
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Webinar/Webcast United States
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Presenter:
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Jen Louis, CPA
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Contact:
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April Deneault
801-466-8022
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Online registration is closed.
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« Go to Upcoming Event List
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Description:
Level 2 prepares less-experienced staff for assuming a greater level of responsibility on engagements. Once staff have “gotten their feet wet” by participating on a few engagements, this course will help auditors thoughtfully reflect on their experiences, and help to take basic knowledge to the next level. This course will include many real-life case studies for common audit areas assigned to staff in the first year.
NOTE: Participants must sign up for both consecutive days. Please check the registration calendar to find both complementary dates, which will run in consecutive order.
Subjects:
Each module includes a lecture followed by in-class group case studies and activities. In this two-day course, the following two-hour modules will be presented:
- Day 1:
- Compilations and reviews: Performing effective and efficient compilations and reviews
- A/R and revenue: Auditing accounts receivable
- Property, plant and equipment: Auditing PP&E, including leases
- Inventory: Auditing basic inventory - performing observations
- Day 2:
- A/P, accrued expenses, & debt: Auditing A/P, accrued expenses, and debt
- Analytical procedures: Analytical procedure fundamentals
- Sampling: Sampling fundamentals
- Financial statement reporting: Financial statement fundamentals
Objectives:
- Perform effective and efficient compilations and reviews
- Describe the fundamentals of strong analytical procedures
- Explain the fundamentals of sampling
- Perform high quality audit procedures for common audit areas
- Discuss the financial statement drafting and issuance process, including significant elements of the auditor’s
report
- Be familiar with the results of the numerous case studies, exercises, and illustrations that reinforce key learning
points throughout the course
Design For:
Staff accountants with 4-12 months audit experience
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