Advanced Staff Training: Auditing Notes and Disclosures (Currently Unavailable)
Author: Robert K Minniti
| CPE Credit: |
2 hours for CPAs |
Are you up to speed on the requirements for auditing disclosures and notes to the financial statements? This course is designed for individuals who would like to obtain a better understanding of auditing notes and disclosures. We will review common notes and disclosures to the financial statements and discuss what the auditor should consider when reading the notes, disclosures, and Management Discussion & Analysis (MD&A). We will discuss audit procedures that would allow the auditor to detect a material misstatement in the notes & disclosures from errors or fraud. Participants should complete the audit staff training courses on the various areas included in the notes & disclosures prior to taking this course.
Publication Date: August 2020
Designed For
CPAs, CMAs, CIAs, CGMAs, internal auditors, external auditors, managers, CFOs and others responsible for preparing or auditing financial statement notes and disclosures.
Topics Covered
- A Review of the Auditing Standards
- A Review of the Financial Statement Assertions
- Auditing Notes & Disclosures: Planning the Audit
- Auditing Internal Controls for Financial Statement Preparation
- Auditing Notes & Disclosures: Conducting Field Work
Learning Objectives
- Identify common notes and disclosures
- Identify audit procedures for common notes and disclosures
- Recognize what would least likely impair an auditor's independence
Level
Advanced
Instructional Method
Self-Study
NASBA Field of Study
Auditing (2 hours)
Program Prerequisites
Completion of the Introduction to Auditing webinar or similar experience in auditing.
Advance Preparation
None
