23WX-3937: Audit 308: Audit Reporting and General Audit Procedures (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Wednesday, April 10, 2024
10:30am - 12:30pm Central Time
2 CPE (2 technical)

Audit Reporting Advanced Concepts - Understanding the Impact of General Audit Procedures on Disclosures and Audit Report Modifications will provide guidance for properly altering financial statements and audit reports for certain complex transactions and events that are often uncovered through general audit procedures, such as subsequent testing, reviewing minutes, and more. Each set of financial statements and auditor's report thereon must properly address the unique circumstances of the specific reporting entity's circumstances. 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 audit reporting and general audit procedures. 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

• Common reasons for modifying audit opinions
• 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, such as related party transactions, subsequent events, loss contingencies, and more
• Improving the footnote drafting process

Learning objective(s)

• Identify circumstances requiring audit report modifications and explanatory paragraphs
• Determine the importance of applying general audit procedures to identify relevant footnote disclosures
• Distinguish how to improve evaluating disclosures for completeness and understandability

Who should take this program?

Accountants responsible for drafting footnote disclosures and audit reports

Fees

Standard Member Fee	$89.00
Standard Nonmember Fee	$89.00