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Friday, January 10, 2025 Live Webcast

Audit 201: Fraud Risk - Minimum Audit Requirements (X2-45554)

11:00 AM - 1:00 PM EST
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

Fraud Risk - Complying with Minimum Audit Requirements will highlight the audit procedures most effective in identifying, assessing and responding to fraud risk. The financial statement auditor's overall responsibility is to obtain sufficient appropriate audit evidence to provide reasonable assurance as to whether the financial statements are materially misstated due to fraud or error.

DESIGNED FOR

Appropriate for beginning or experienced staff auditors or any experienced professional who needs a reminder about fraud risk audit requirements.

BENEFITS

Upon completion of this course, you will be able to...

  • Recall the various types of fraud relevant to a financial statement audit
  • Recognize the symptoms of fraud and how to identify risk of material misstatement due to fraud
  • Recall appropriate responses to identified fraud risk
  • Identify the requirements related to fraud and noncompliance in various generally accepted auditing standards

HIGHLIGHTS

The major topics covered in this course include:

  • The expectation gap with financial statement users regarding the auditor's responsibilities for preventing and detecting fraud
  • Fraud inquiries and engagement team discussion points
  • Fraud risk on an audit
  • Testing journal entries and other tests for management override
  • Required fraud and noncompliance communications by various auditing, including communications required by Government Auditing Standards, PCAOB Audit Standards, and International Standards on Auditing

COURSE LEVEL

Basic

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

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

PRICING

$79.00 - Member

$99.00 - Nonmember

Register Today


Note: Online pre-registration will close on January 10 at 10:30 AM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

CPA Crossings