The first portion of this course will cover 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 nonaccountants alike.
The second portion of this course will cover how unethical behavior can ruin professional careers, and could result in fines, penalties, or even a loss of licensure. This course focuses on the risks faced by those that work in either public accounting or industry.
Upon completion of this course participants will be able to:
- 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
- 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
Business Learning Institute
Who Should Attend
Public accountants, industry accountants and nonaccountants who wish to have a basic understanding of the financial statement audit process
Register for this Event
Dollar Tree (Day One) – Explaining the Financial Statement Audit Process to a Non-Auditor AND General Ethics for Business Professionals (Virginia Approved 2021)