Audit Skills Training Lvl 4: Experienced In-Charge Day 2 Webinar

Auditing Skills Training: Level 4 is a two-day course presented on 10/27/2022 and 10/28/2022. Information and skills taught on Day 2 rely upon foundational skills built in the Day 1 session. Attendance for both days of the course is highly encouraged in order to receive the full range of information being presented. If planning to attend both days, register for Day 1 and Day 2. CPE Credit for Personal Development will only be eligible for those who attend the Day 2 session for Audit Skills Training: Level 4. CPE credit on Day 1 will count towards Auditing only. Focus on building your technical expertise in audit to identify and resolve complex accounting and financial reporting issues. Improve your ability to lead and manage people and projects and enhance your firm's profitability. Reinforce key concepts using case studies, exercises, and illustrations.

Learning Objectives:

After attending this presentation you will be able to...

• Identify tips for transforming to a better thinking auditor
• Recognize how to avoid peer review deficiencies
• List fraud trends impacting nonpublic entities
• Recall important considerations for designing internal control over financial reporting for nonpublic entities
• Identify common risks and techniques for auditing revenue recognition
• List tips for auditing the completeness and fair disclosure of contingencies and going concern uncertainty
• Indicate how to better coach staff to stay on the right track

Highlights

The major topics covered in this class include:

• Critical traits of a thinking auditor - Stretching experienced auditors beyond the basics
• Audit quality control - Avoiding peer review deficiencies
• Fraud trends - Applying real-life lessons to small- and mid-size entities
• Maximizing analytic procedure evidence - Adding value though useful financial statement analysis
• Internal controls to mitigate financial reporting risk - Designing stronger internal controls for small- or mid-size entities
• Auditing revenue recognition - Grasping the higher risks and special audit considerations
• Auditing contingencies and going concern uncertainty - Testing for completeness and proper disclosure
• Supervisor skills - Coaching staff to stay on the right track