Auditing Cash - Applying Basic Skills to the Starting Point of Any Audit demonstrates how the approach to auditing different cash accounts may vary...
5/6/2024 10:30am - 12:30pm | Online | CPA Crossings
Members: $89.00, Non-members: $114.00
CPE Categories: Auditing (2 CPE)
Auditing Cash - Applying Basic Skills to the Starting Point of Any Audit demonstrates how the approach to auditing different cash accounts may vary and how to strengthen inquiry which is an important audit procedure in this area. Cash tends to be one of the first areas assigned to new auditors, as there is typically little complexity and subjectivity involved. In addition, persuasive audit evidence from a third-party is generally available. However, research shows that around 80% of asset misappropriation relates to cash. Therefore, the audit of accounts and classes of disclosures related to cash and cash equivalents does tend to carry some level of risk of material misstatement. Note: This course is recommended as a part of a 16-hour audit skills curriculum for beginning auditors, while it is also appropriate for anyone who has responsibilities for auditing cash and cash equivalents. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Presented by Emergent Solutions Group LLC
Professionals requiring fundamental guidance in how to design and perform a detailed audit plan for a less-complex audit area
Upon completion of this course, you will be able to...
The major topics covered in this course include:
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