Surgent's Financial Reporting Complex Issues (Audit Skills Training - Level 3) (Self-Study)

Code: JSODA3M8

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

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Each set of financial statements and auditor's report thereon must properly address the unique circumstances of the specific reporting entity's circumstances. This module provides guidance for properly altering financial statements and audit reports for certain complex transactions and events.

Who should take this program?

Accountants responsible for drafting the statement of cash flows, footnote disclosures, or emphasis-of-matter or other-matter explanatory paragraphs in an unqualified audit report.

Major subjects

  • Important considerations when drafting the statement of cash flows
  • Properly treating more complex transactions and events in the statement of cash flows
  • Emphasis-of-matter or other-matter explanatory paragraphs
  • General audit procedures to identify relevant transactions and events impacting financial statement presentation and disclosure
  • Drafting relevant general footnotes
  • Improving the footnote drafting process

Learning objective(s)

  • Learn how to handle more complex statement of cash flow issues
  • Explain circumstances requiring audit report modifications and explanatory paragraphs
  • Understand the importance of applying general audit procedures to identify relevant footnote disclosures


Course code Code JSODA3M8
Sponsor Surgent
NASBA ID#: 103212
Level Intermediate
Format Self-Study (On-Demand)
Prerequisites Prereq. Familiarity with SASs and FASBs