20SS-0012: Surgent's Auditing Cash and Cash Equivalents (Audit Skills Training: Level 1) (Self-Study)
Valid for one year from purchase date
Self-study - On-Demand
3 CPE (3 technical)
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Cash tends to be one of the first areas assigned to new auditors, as there is typically little complexity and subjectivity involved. In addition, persuasive audit evidence from a third-party is generally available. However, research shows that around 80% of asset misappropriation relates to cash. Therefore, the audit of accounts and classes of disclosures related to cash and cash equivalents does tend to carry risk of material misstatement.
Major subjects
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Explain typical audit risks and special considerations related to cash and cash equivalents
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Describe designing a detailed audit plan, linking assessed risk to planned procedures
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Perform typical audit procedures associated with auditing cash and cash equivalents
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Discuss how to obtain evidence through inquiry of the client
Learning objective(s)
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Standard audit procedures related to cash and cash equivalents
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Case study related to auditing cash and cash equivalents, including identifying and evaluating a misappropriation of cash
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Typical presentation and disclosure issues related to cash
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Exercise related to do's and don'ts in client interview situations
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Key controls related to cash receipts and cash disbursements
Who should take this program?
Professionals new to auditing cash and cash equivalents
Fees
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If you register, you will be charged
$54.00
(Standard Nonmember Fee).
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Standard Member Fee |
$54.00
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 Standard Nonmember Fee |
$54.00
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