Deep Dive Into Common Auditing Deficiencies

Prerequisites

Prior experience with GAAS

Highlights

The major topics that will be covered in this course include:

• Review common deficiencies identified by the AICPA and state boards of accountancy.
• Feature discussion on a variety of topics, including analytical procedures, sampling, group audits and risk assessment.
• Review of the areas of concern and how you can overcome them by employing best practices.

Objectives

After attending this presentation, you will be able to...

• Analyze common audit deficiencies
• Identify proper methods of performing risk assessment and documentation
• Recall best practices for auditing estimates
• Recognize changes to auditing standards for estimates and risk assessment

Preparation

None