Learn how to properly safeguard independence when performing both attest and nonattest services. Understand how to alter the nature, timing, and extent of audit procedures to be commensurate with assessed risk of material misstatement, including fraud risk. Find out how to draft complex footnotes and properly modify auditor reports for emphasis-of-matters. This course is designed for experienced staff with one to two busy seasons of experience performing more complex audit procedures and assuming responsibility on larger engagements with increased audit risk, including considering audit report modifications. Highlights
This two-day course will present a combination of lecture and group activities and case studies: Code of conduct: Independence considerations when performing attest services
Assessing fraud risk in a financial statement audit
Risk-based audit concepts: Identifying and evaluating audit risk
Internal control testing for operating effectiveness
Cash and investments: Auditing common investments
Accounts receivable and revenue: Auditing revenue recognition
Substantive analytic procedures
Financial statement reporting: Complex issues
Registration
PICPA Member: $549 Nonmember: $649
More Information
Course No.
712200
Level:
Intermediate
Prerequisites:
Familiarity with SASs and FASBs
Speaker(s)
Jennifer Louis
Emergent Solutions Group LLC
Jennifer F. Louis, CPA
Biography
Jennifer F. Louis, CPA has
over 25 years of experience in designing and instructing high-quality training
programs in a wide variety of technical and “soft skills” topics needed for
professional and organization success.In 2003, she founded Emergent Solutions Group, LLC, where she focuses her
energy on designing and delivering high-quality, practical, and engaging
accounting and auditing training.She was most recently Director of
Audit Product Development at Surgent Professional Education, and prior to that
served as Executive Vice President/Director of Training Services at AuditWatch,
Inc., a highly-respected training and audit process consulting firm.Before joining AuditWatch, Jennifer was
the Financial/Operational Audit Manager at AARP.At the start of her professional career,
Jennifer was an Audit Manager for Deloitte & Touche LLP, where she
frequently served as a local and national instructor.Jennifer graduated summa cum laude from
Marymount University with a BBA-Accounting.Besides loving life on the lake with her
husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins,
and savoring any precious moments spent with her two young adult
boys.