Knowing accounting principles is only half the story for most accountants in public accounting. You must also understand the myriad of rules relating the reporting requirements for audits. Beyond basic principles, this auditing webcast CPE course takes a detailed look at critical audit reporting requirements, featuring the latest SAS updates on accounting estimates and significant new requirements for audit risk assessment. Through examination of real-world cases, including an exclusive "Focus on Fraud" segment spotlighting the Theranos scandal, participants in this audit CPE course will master essential audit evidence standards and documentation best practices. The auditing CPE class addresses common peer review challenges and provides concrete strategies for improving audit documentation quality. Designed for public accounting professionals, this comprehensive update combines technical mastery with practical application, ensuring participants can confidently navigate current audit requirements while maintaining compliance and professional excellence.
Learning Objectives
Upon completion of this course, participants will be able to:
Apply the provisions for auditing accounting estimates
Apply the provisions for audit evidence
Apply the provisions for risk assessment
Describe peer review problem areas
Apply better practice skills for documentation
Describe the fraud that happened at Theranos