New
23WX-3910: Audit 304: Auditing Basic Investments - Common Risks (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Monday, April 8, 2024
10:30am - 12:30pm Central Time
2 CPE (2 technical)
Auditing Investments - Understanding Risks and Procedures for the Most Common Investments will provide an overview for evaluating the proper recognition, measurement and disclosure of the most common investments types. Many small- and mid-size entities hold less-complex investments, including mutual funds, 'plain vanilla' derivatives (such as interest rate swaps), and permanent life insurance policies. Note: This course is recommended as a part of a 16-hour audit skills curriculum for in-charge or supervisor auditors, while it is also appropriate for anyone who has responsibilities for auditing common investments. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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Overview of the most common investment types
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Typical audit risks and related audit procedures for common investments
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The basics of accounting for equity investments in other entities
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Understanding common 'plain vanilla' derivatives, like interest rate swaps
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Fair value disclosure, including applying the fair value hierarchy
Learning objective(s)
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Recall typical audit risks associated with auditing the most common investments
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Identify how to tailor the audit plan to assessed risks of material misstatement
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Recognize the fundamental principles of accounting for common derivatives
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Recall fair value presentation and disclosure requirements
Who should take this program?
Accountants responsible for accounting for or auditing less-complex investments, including 'plain vanilla' derivatives
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$89.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
|
Standard Member Fee |
$89.00
|
 Standard Nonmember Fee |
$89.00
|
