This course focuses on the skills and knowledge needed to perform the duties commonly assigned to first-year audit staff members. Along with insight related to the audit process, this course includes considerations associated with internal controls, substantive testing, financial statement captions, fraud considerations, analytical procedures and much more!
DESIGNED FOR
First year auditors.
BENEFITS
- Recall the basics of the internal control, including using the work of others
- Identify the key concerns regarding fraud considerations in a GAAS audit
- Recall the purpose and procedures regarding analytical procedures and their use in an audit
- Identify the audit procedures typically performed by New Staff in the following areas and match them to stated audit objectives and relevant assertions: cash and cash equivalents; accounts receivable; inventory, prepaid and other current assets; property, plant and equipment; accounts payable; and debt
HIGHLIGHTS
- Internal controls
- Fraud considerations
- Analytical procedures
- Basic auditing procedures for areas commonly assigned to new staff members
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
- *This seminar is not eligible for the AICPA discount.
Help Feed Those in Need- The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.