The ultimate objective of a financial statement audit is to issue an auditor's report. This financial audit CPE course provides tips and techniques necessary for issuing and reporting on high-quality financial statements prepared under any applicable financial reporting framework.
Learning Objectives
Upon completion of this course, participants will be able to:
Recall the inter-relationship of basic financial statements and disclosures
Explain the financial statement drafting and issuance process
Perform a quality control check of draft financial statements
Explain the key elements and variations of the auditor's report
Describe special considerations for financial statements prepared under a special purpose framework
Major Topics
Objective of financial reporting and Inter-relationships of financial statements and disclosures
Special purpose framework financial statements and the impact on audits
Types of audit reports, including reasons for modification
Financial statement drafting and issuance process
Performing a final quality control check before report release
