Surgent's Auditing Accounts Receivable (Audit Skills Training - Level 2) (Self-Study)

Code: JSODA2M2

Date Valid for one year from purchase date
Format Self-Study (On-Demand)
CPE credits CPE 3.0
Field(s)
of study
Auditing - Technical (3.0)
Fees
Standard member fee $54.00
checkmarkStandard nonmember fee $54.00

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Description

Accounts receivable tends to carry higher risk of material misstatement due to the complexity and subjectivity involved with recognition, measure and valuation. In addition, revenue recognition is presumed to be a significant fraud risk. This module will explain tips and techniques for auditing common accounts receivable risks.

Who should take this program?

Accountants with responsibilities for auditing accounts receivable

Major subjects

  • Typical risks of material misstatement
  • Practice tailoring the detailed audit plan
  • Converting accounts receivable to cash
  • External confirmation audit considerations, including evaluating responses for propriety
  • Evaluating the valuation of accounts receivable

Learning objective(s)

  • Discuss typical audit risks and special audit considerations
  • Explain how to tailor a detailed audit plan to audit risk
  • Evaluate confirmation responses for propriety
  • Evaluate allowance for doubtful accounts for proper valuation

Notes:

Course code Code JSODA2M2
Sponsor Surgent
NASBA ID#: 103212
Level Basic
Format Self-Study (On-Demand)
Prerequisites Prereq. None
Advance
prep
None