Course ID: APNA

Expired – Explaining the Financial Statement Audit Process to the Non-auditor

The financial statement audit process can be confusing to public accountants, but particularly to non-auditors, including the auditees themselves. The purpose of this course is to use plain language to lay out the major steps and key considerations in a financial statement audit, easily understood by accountants and non-accountants alike.


LEARNING OBJECTIVES
  • Describe the major phases of the financial statement audit process
  • Explain the responsibilities of the auditor vs. the responsibilities of management and governance
  • Discuss the critical key judgments that an auditor makes during the course of the audit

MAJOR TOPICS
  • The underlying audit objective, and why entities receive financial statement audits
  • Responsibilities assumed by the external auditor in an audit engagement
  • Responsibilities that must be retained by management and governance of the reporting entity
  • Important steps and judgments made during each major phase of the financial statement audit

DESIGNED FOR
Public accountants, industry accountants and non-accountants who wish to have a basic understanding of the financial statement audit process

FIELD OF STUDY
Auditing

PREREQUISITES
None

COURSE PRODUCER
Business Learning Institute

CPE CREDITS
2.0

LEVEL
Basic

This course is available for your group as:

Group Live
 

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