Webinar: Thinking Like an Auditor When Preparing Your Financial Statements

WB5123  |  Course  |  Basic  |  Scheduled

Description

External auditors understand concepts like materiality, reasonableness, and risk of material misstatement. This course will explain how to think like

Credits

Number of Credits Type of Credits
2.00 Accounting

Designed For

Anyone responsible for the preparation and fair presentation of financial statements

Prerequisites

None

Highlights

Determining an appropriate sense of quantitative and qualitative materiality

Identifying the critical components of the financial statements that matter most to financial statement users
Evaluating where the financial statements are most likely to contain material fraud and error, and ensuring adequate internal control and monitoring to mitigate those risks

Objectives

Describe important judgments made by the auditor in providing reasonable assurance about whether financial statements are materially misstated due to fraud or error

Explain how to apply subjectivity, materiality and other critical aspects of professional judgment when preparing financial statements and related disclosures
Apply illustrative examples to explain how judgment can be appropriately applied in reliable financial reporting

Preparation

None

Notes

This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.

Prices

Member (Early Bird)
$79.00
Non-Member (Early Bird)
$109.00
Member
$79.00
Non-Member
$109.00
Your Price: $109.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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