Course ID: APNA

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

PREREQUISITES
None

COURSE PRODUCER
Business Learning Institute

CPE CREDITS
2.0

LEVEL
Basic

This course is available to be scheduled as:

Group Live
 

Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.


Or, contact BLI: 888-481-3500 or learn@blionline.org