Navigating the complexities of auditing equity can be a daunting task, even for seasoned professionals. The transactions, although fewer, are often substantial and involve intricate accounting details. Our auditing CPE course, How to Audit Equity,offers a comprehensive solution to demystify this challenging aspect of auditing. Designed by expert author Steven Bragg, this auditing CPE focuses on understanding the nuances of equity, its impact on the balance sheet, and the rigorous auditing activities required. We delve into the identification and application of controls essential for equity transactions, ensuring a thorough audit process. Whether it's dealing with stock dividends, stock splits, or treasury stock, this course equips participants with the knowledge to confidently handle the complexity of equity auditing and enhance the accuracy and reliability of financial statements.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
Recognize the circumstances that can alter the amount of equity activity in a business.
Note the circumstances under which confirmations can be used in the audit of equity.
Understand the different types of controls that can be applied to equity.
Chapter 2
Describe the accounting for stock dividends and stock splits.
Recognize the different ways to account for treasury stock.
Major Topics
Auditing Equity
Accounting for Equity
