Performing Audit Tests of Balances: Auditing Accounts Payable, Accrued Expenses and Other Liabilities (Currently Unavailable)

Author: Larry Perry

This course focuses on how to perform auditing procedures for accounts payable, accrued expenses and other liabilities. This course also includes illustrative auditing procedures and discusses the affects of assessed levels of risk of material misstatement on the design and performance of substantive procedures.

Publication Date: June 2012

Designed For
CPA firm staff personnel assigned to audit engagements who desire a better understanding of how to audit accounts payable, accrued expenses and other liabilities should attend. Internal auditors and finance personnel employed in various industries will also benefit from this webcast.

Topics Covered

• Key accounting and auditing standards affecting accounts payable, accrued expenses and other liabilities
• Understanding relevant assertions for accounts payable, accrued expenses and other liabilities
• Basic auditing procedures for accounts payable, accrued expenses and other liabilities
• Affects of risk of material misstatement on accounts payable, accrued expenses and other liabilities auditing procedures
• Designing and using the most efficient documentation for accounts payable, accrued expenses and other liabilities auditing procedures

Learning Objectives

• Identify the basic procedures for auditing accounts payable, accrued expenses and other liabilities.
• Recognize the affects of assessed levels of risk of material misstatement on accounts payable, accrued expenses and other liabilities auditing procedures.
• Apply and identify ways to audit accounts payable, accrued expenses and other liabilities more efficiently.
• Design and prepare the most efficient documentation for accounts payable, accrued expenses and other liabilities auditing procedures.

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Auditing (2 hours)

Program Prerequisites
None

Advance Preparation
None