Webinar: Audit 205: Auditing Liabilities and Long-Term Debt Risks
WC650 | Course | Basic | Scheduled
Description
Auditing Liabilities, Including Long-Term Debt - Addressing the Risks of Completeness, Classification, and Disclosure will discuss tips and techniques
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Auditing |
Designed For
Accountants responsible for auditing accounts payable, accrued expenses and debt
Prerequisites
None
Highlights
The major topics covered in this course include:
- Typical audit procedures related to accounts payable and accrued expenses, including the search for unrecorded liabilities
- Key controls related to liabilities
- Auditing long-term debt, including compliance with covenants
- Determining the proper classification of financing arrangements
- Proper form of noncompliance waiver letters
- Impact of noncompliance on disclosures
Objectives
Upon completion of this course, you will be able to...
- Identify typical audit risks and special audit considerations related to various liabilities
- Tailor the audit plan in response to assessed risk of material misstatement, focusing on the assertions with typically higher risk
- Evaluate results from a search for unrecorded liabilities and procedures to assess the propriety of accrued estimates
- Evaluate the completeness, classification, and disclosure of financing arrangements - including debt covenant compliance
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00