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Effective Techniques for Auditing Contingencies and Going Concern (Z1-A3S1-2021-01-SSWC)

100 Minutes
On demand - Video

On Demand - Video

2 CPE Credits in AA

OVERVIEW

In these rapidly changing times, an entity may experience significant uncertainties. This is especially true at this time due to issues entities have experienced as a result of the pandemic declared in March 2020 which are still ongoing for many. New accounting principles issued by the FASB are requiring more estimates which could give rise to significant uncertainties. A primary focus right now for management is the requirement to evaluate entity’s ability to remain a going concern. In addition, new audit standards, effective for calendar year end 2021 audits. This module provides tips and techniques for obtaining the audit evidence needed to support conclusions on contingencies and going concern. These issues require disclosure and may result in accruals.

BENEFITS

HIGHLIGHTS

COURSE LEVEL

Basic

PREREQUISITES

None

PRICING

$89.00 - Member

$109.00 - Nonmember

ADDITIONAL OPTIONS

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COURSE DEVELOPER

Surgent