Inquiry is an important procedure for gathering audit evidence. In addition, accountants need to know how to effectively and efficiently research technical accounting and financial reporting issues for preparation and fair presentation of financial statements in accordance with an applicable financial reporting framework. This auditing CPE course will provide tips for improving the critical audit skills of inquiry and research.
Learning Objectives
Upon completion of this course, participants will be able to:
List best practices for effectively gathering information needed from client management, employees and others in the audit process
Explain how to evaluate whether information obtained through inquiry is sufficient to satisfy objectives
Explain how to effectively and efficiently approach performing research on technical accounting and financial reporting issues
