Assessing Independence Under Yellow Book
1 Credit Hours Price: 1 Tokens
Maintaining independence and adhering to strict ethical standards are essential for professionals in governmental auditing. The Government Accountability Office’s (GAO) Yellow Book sets the benchmark for ethics and independence in this field, forming the foundation of professional compliance. This course provides a focused review of key principles and independence requirements, equipping participants with the tools to identify and mitigate common risks of noncompliance. Through practical guidance and real-world examples, attendees will learn to uphold the highest ethical standards and ensure independence in governmental auditing.
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Learning Objectives
- Identify threats to independence
- Recall safeguards that can be used to reduce threats to an acceptable level
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Harnessing Technology for Work-Life Balance
1 Credit Hours Price: 1 Tokens
Accounting professionals often face sustained workload demands that require efficient task management and strong organizational systems. This course introduces practical technology tools and applications designed to streamline workflows, automate routine tasks, and improve overall productivity.
Participants will explore digital solutions that support time management, focus, and workload prioritization. The course emphasizes practical implementation—how to select tools, integrate them into daily processes, and establish boundaries that promote sustainable performance.
Designed for professionals seeking to improve efficiency without increasing hours worked, this course provides actionable strategies to better manage workload demands and leverage technology to support long-term effectiveness.
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Learning Objectives
Identify technology tools and applications that support time management, task automation, and workload efficiency for accounting professionals.
Recognize common indicators of workload-related stress and digital solutions that can help mitigate them.
Recall key features of productivity applications that enhance day-to-day efficiency.
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Leading Civic Engagement: Strategies for Community Impact
2 Credit Hours Price: 2 Tokens
This session equips participants with the tools and strategies needed to design and lead impactful civic engagement initiatives. By focusing on clear goal-setting, meaningful community participation, and transparent processes, attendees will learn to navigate challenges and foster trust among stakeholders. The course explores best practices for balancing government and public interests while showcasing real-world examples like "Your Idea, Your Neighborhood" and "Reading Pays" to illustrate participatory budgeting and community-driven programs. Participants will leave with actionable insights into optimizing engagement strategies, overcoming obstacles, and creating programs that resonate with their communities.
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Learning Objectives
- Identify best practices, potential challenges, and strategies for successful participatory programs
- Recall the steps for designing effective civic engagement
Level
BasicPrerequisites
None
Advanced Preparation
None
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EventsMay 14, 2026 @ 10:00 AM - ET Leading Civic Engagement: Strategies for Community Impact
May 22, 2026 @ 2:00 PM - ET Leading Civic Engagement: Strategies for Community Impact
June 3, 2026 @ 9:00 AM - ET Leading Civic Engagement: Strategies for Community Impact
June 18, 2026 @ 2:00 PM - ET Leading Civic Engagement: Strategies for Community Impact
June 26, 2026 @ 1:00 PM - ET Leading Civic Engagement: Strategies for Community Impact
Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)
1 Credit Hours Price: 1 Tokens
Obligating Coronavirus State and Local Fiscal Recovery Funds (SLFRF) by December 31, 2024 is essential to ensure a recipient does not have to return funds to the Treasury. There are a number of requirements to properly obligate SLFRF funds and opportunities to make changes to projects after the obligation deadline. In this course, we will define what an obligation is under SLFRF, review guidance from the Treasury, learn how to meet the SLFRF obligation deadline in multiple areas, and identify when changes can be made to estimates, contracts, and subawards after the obligation deadline.
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Learning Objectives
- Recall the definition per the obligation IFR and the SLFRF FAQs, Section 17
- Identify how recipients can meet the SLFRF obligation deadline
- Indicate when a change can be made to a project after the obligation deadline
Level
BasicPrerequisites
None
Advanced Preparation
None
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EventsMay 12, 2026 @ 9:00 AM - ET Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)
May 18, 2026 @ 2:00 PM - ET Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)
June 1, 2026 @ 11:00 AM - ET Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)
June 16, 2026 @ 2:00 PM - ET Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)
June 29, 2026 @ 3:00 PM - ET Best Practices in Obligating Coronavirus State and Local Fiscal Recovery Funds (CSLFRF)
Effective Governance for Nonprofit Success
1 Credit Hours Price: 1 Tokens
Effective governance is the cornerstone of any nonprofit organization. This course delves into the foundational elements of nonprofit governance, emphasizing fiduciary duties, board responsibilities, and best practices for board operations. Participants will explore key compliance requirements, risk management strategies, policy development, and regulatory obligations. By the end of the session, you’ll be equipped with practical tools and insights to confidently navigate the complexities of nonprofit governance.
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Learning Objectives
- Recall the fiduciary duties of nonprofit board members and executive leadership
- Identify the best practices for board operations
- Recall the regulatory and compliance requirements for a nonprofit organization
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Exploring the 10 Types of Leadership
1 Credit Hours Price: 1 Tokens
Leadership is not one-size-fits-all. Effective leaders understand that different situations, team dynamics, and organizational cultures require different approaches. This course introduces ten distinct leadership styles and examines how each can influence team performance and organizational success.
Participants will explore the characteristics, strengths, and potential limitations of each leadership style. The course encourages self-reflection to help leaders recognize their own tendencies while identifying opportunities to adapt their approach when circumstances require it. Emphasis is placed on practical strategies for engaging teams, strengthening communication, and building leadership capacity across the organization.
Designed for current and emerging leaders, this course provides tools to better align leadership approach with team needs and organizational objectives.
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Learning Objectives
- Identify common leadership styles.
- Recognize characteristics associated with leadership styles.
- Recall situations in which different leadership styles may be most effective.
- Recognize how adapting leadership style can enhance team performance.
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Yellow Book Ethics
2 Credit Hours Price: 2 Tokens
The Yellow Book outlines essential ethical principles for governmental auditors, including serving the public interest, maintaining integrity, objectivity, and professional behavior. This course provides a focused review of these key concepts and their practical application in governmental auditing. Participants will also explore the independence standards, gaining insights on maintaining objectivity and avoiding conflicts of interest to ensure unbiased and professional audits.
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Learning Objectives
- Identify independence rules in Yellow Book
- Recognize the ethical principles in GAGAS
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Benefits and Best Practices for Telework
2 Credit Hours Price: 2 Tokens
Prior to the COVID-19 pandemic, telework in state and local government was not often embraced as a form of employment. As the pandemic continues, governments are beginning to experience the benefits of remote work and are reevaluating hiring practices to offer more telework and hybrid work options, not simply as a result of an emergency. This course will review various telework options and best practices for success.
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Learning Objectives
- Distinguish between the four different personality styles of communication.
- Recall best practices in facilitating remote presentations.
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Introduction to Governmental Budgeting
2 Credit Hours Price: 2 Tokens
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Learning Objectives
- Recall the basics of governmental budgeting and the development of the budget priorities
- Recognize the steps involved in creating the annual government budget
- Identify what, when, and how to monitor the budget throughout the year
- Recognize the importance of long-term budgeting for a government and communicating the budget message
Level
BasicPrerequisites
NoneAdvanced Preparation
None
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Events
2026 Government Ethics - Theory and Application - VBOA Approved
2 Credit Hours Price: 2 Tokens
This Virginia Board of Accountancy–approved ethics course begins with the 2026 Virginia ethics updates required by the Virginia Board of Accountancy. The course then expands to examine the ethical principles established in Government Auditing Standards (Yellow Book) issued by the U.S. Government Accountability Office.
Participants will review core ethical principles applicable to governmental auditors, including serving the public interest, maintaining integrity, objectivity, and professional behavior. The course emphasizes practical application of these principles, with focused discussion on independence requirements, maintaining objectivity, and identifying and avoiding conflicts of interest.
Designed for auditors performing governmental and Yellow Book engagements, this course reinforces ethical decision-making and supports compliance with both Virginia-specific ethics requirements and broader professional standards governing governmental audits.
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Learning Objectives
- Identify independence requirements under the Yellow Book.
- Recognize ethical principles applicable to governmental auditors under Government Auditing Standards (GAGAS).
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Understanding the Four W's in Budgeting: Who, What, When and Which?
2 Credit Hours Price: 2 Tokens
This session provides a structured approach to government budgeting through the four W’s: Who, What, When, and Which. Participants will explore WHO should be involved, including internal and external stakeholders, and discuss effective communication strategies. The session then outlines WHAT the budget process entails, covering key phases, components, legal requirements, and common pitfalls. Attendees will learn WHEN to engage the public through strategic planning, workshops, and outreach methods. Finally, the session identifies WHICH departments lead various aspects of budgeting, from financial planning to capital projects. Attendees will leave with a deeper understanding of how to navigate government budgeting effectively and ensure financial planning aligns with community priorities.
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Learning Objectives
- Identify who should be involved in the budget process
- Recall the key components and legal requirements for the budget process
- Identify when public engagement should occur in the budget process and how to engage the public
- Recognize who on the internal team is responsible for different components of the budget process
Level
BasicPrerequisites
None
Advanced Preparation
None
Marketing Info
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EventsMay 11, 2026 @ 10:00 AM - ET Understanding the Four W's in Budgeting: Who, What, When and Which?
May 20, 2026 @ 2:00 PM - ET Understanding the Four W's in Budgeting: Who, What, When and Which?
June 1, 2026 @ 10:00 AM - ET Understanding the Four W's in Budgeting: Who, What, When and Which?
June 18, 2026 @ 1:00 PM - ET Understanding the Four W's in Budgeting: Who, What, When and Which?
Leading Your Team Through Development Gaps To Future Success
1 Credit Hours Price: 1 Tokens
Developing strong finance teams requires more than technical training—it requires intentional leadership. This course equips finance leaders with practical strategies to identify and close development gaps across specialist, supervisor, and manager levels.
Participants will explore structured approaches to onboarding, mentoring, and career pathing, with attention to the realities of today’s hybrid and evolving work environments. The course emphasizes performance measurement, knowledge transfer, and building leadership capacity from within the finance function.
Designed for leaders responsible for developing and retaining talent, this course provides actionable tools and frameworks to strengthen team capability, support career progression, and position finance teams for long-term success.
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Learning Objectives
- Identify developmental gaps among finance team members
- Recall how incorporating a mentorship program, performance metrics, and skill-building plans can bridge developmental gaps
- Recognize transparent career advancement paths within the finance function
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Strategic Government Budgeting: Tools for Long-Term Sustainability
1 Credit Hours Price: 1 Tokens
This course equips participants with the tools and strategies needed to create sustainable, long-term budgets that align with policy goals and ensure fiscal responsibility. Participants will explore key budgeting frameworks, learn techniques for forecasting revenue and expenditures, and analyze scenarios to mitigate financial risks. The course incorporates practical exercises and case studies to provide hands-on experience with scenario planning, enhancing budget transparency and resilience. By the end of the session, attendees will have the knowledge and confidence to design and implement budgets that support long-term governmental priorities and strengthen financial stability.
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Learning Objectives
- Recall budgeting frameworks and tools to improve long-term budgeting
- Recognize how to create multi-year budgets that ensure fiscal responsibility and align with long-range policy goals
- Identify ways to forecast revenue, plan expenditures, and analyze scenarios to manage financial risks and uncertainties
Level
Basic -
Events
Public Procurement Basics: Protecting the People’s Money
2 Credit Hours Price: 2 Tokens
Procurement is a critical component of successful government operations and while there are challenges in public procurement there are a number of guidelines that offer a pathway for success. This course will offer guidance on how governments can meet complicated procurement needs and develop practices that protect public funds.
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Learning Objectives
- Recall the four pillars of public procurement
- Identify public procurement best practices
- Identify key requirements of the procurement standards in the Uniform Guidance
Level
BasicPrerequisites
None
Advanced Preparation
None
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EventsMay 27, 2026 @ 1:00 PM - ET Public Procurement Basics: Protecting the People's Money
June 5, 2026 @ 9:00 AM - ET Public Procurement Basics: Protecting the People's Money
June 9, 2026 @ 9:00 AM - ET Public Procurement Basics: Protecting the People's Money
June 24, 2026 @ 2:00 PM - ET Public Procurement Basics: Protecting the People's Money
Presenting Financial Information to Nonfinancial Audiences
1 Credit Hours Price: 1 Tokens
Financial professionals are frequently called upon to present complex financial information to clients, boards, and stakeholders who may not have a financial background. The ability to communicate clearly and effectively in these settings is critical to building trust and driving informed decision-making. This course provides practical tools to help participants translate financial data into clear, structured, and compelling messages. Participants will explore strategies for using storytelling, visual presentation techniques, and plain language principles to simplify complexity without sacrificing accuracy. The course also examines common communication pitfalls and best practices for tailoring financial messages to diverse audiences. Designed for professionals who present financial information to nonfinancial stakeholders, this course equips participants with techniques to enhance clarity, engagement, and confidence in a variety of professional settings.
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Learning Objectives
Identify strategies for using storytelling and visuals to build context, engagement, and emotional connection around financial topics.
Recall key presentation techniques that improve clarity when communicating financial data.
Recognize elements of effective data presentation that enhance clarity and confidence in various settings.
Identify best practices for tailoring financial messages to nonfinancial audiences. Yellow Book or Other Classification 56
Level
BasicPrerequisites
None
Advanced Preparation
None
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EventsMay 12, 2026 @ 3:00 PM - ET Presenting Financial Information to Nonfinancial Audiences
May 28, 2026 @ 10:00 AM - ET Presenting Financial Information to Nonfinancial Audiences
June 8, 2026 @ 11:00 AM - ET Presenting Financial Information to Nonfinancial Audiences
June 23, 2026 @ 3:00 PM - ET Presenting Financial Information to Nonfinancial Audiences
Power Skills: Your Guide to Professionalism and Client Interaction
2 Credit Hours Price: 2 Tokens
Client interactions and professionalism are at the core of what we do as accountants. However, communication with clients is not always as straightforward as it may seem. Sometimes there will be difficult conversations and disagreements that can be tough to navigate. During this course, we will discuss best practices when communicating with the client, and also walk through complicated scenarios to practice what we learn.
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Field(s) of Study: Auditing
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Learning Objectives
- Recall best practices in professionalism during oral and written communication with clients
Level
BasicPrerequisites
None
Advanced Preparation
One year of auditing experience
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EventsMay 15, 2026 @ 9:00 AM - ET Power Skills: Your Guide to Professionalism and Client Interactions
May 25, 2026 @ 1:00 PM - ET Power Skills: Your Guide to Professionalism and Client Interactions
June 4, 2026 @ 9:00 AM - ET Power Skills: Your Guide to Professionalism and Client Interactions
June 19, 2026 @ 1:00 PM - ET Power Skills: Your Guide to Professionalism and Client Interactions
Best Practices: Conducting Meaningful Walkthroughs
2 Credit Hours Price: 2 Tokens
This course will serve as an introduction to conducting effective walkthroughs to gain an understanding of the client's transaction processes as well as identifying internal controls within each process. This course will review the procedures, questions to ask, and documentation requirements of walkthroughs. It will also include real-world examples of the red flags that may arise while executing a walkthrough.
Field(s) of Study: Auditing
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Learning Objectives
- Recall the purpose of a walkthrough
- Perform proper procedures while conducting a walkthrough
- Identify red flags that may arise while performing walkthrough procedures
Level
BasicPrerequisites
None
Advanced Preparation
None
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EventsMay 14, 2026 @ 10:00 AM - ET Best Practices: Conducting Meaningful Walkthroughs
May 20, 2026 @ 1:00 PM - ET Best Practices: Conducting Meaningful Walkthroughs
June 3, 2026 @ 10:00 AM - ET Best Practices: Conducting Meaningful Walkthroughs
June 18, 2026 @ 2:00 PM - ET Best Practices: Conducting Meaningful Walkthroughs
Financial Statement Fraud
2 Credit Hours Price: 2 Tokens
One of the three major forms of occupational fraud, along with corruption and asset misappropriation, is financial statement fraud. From improper asset valuation to fictitious revenues, this course will review financial statement fraud red flags and examine real-life examples.
Field(s) of Study: Auditing
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Learning Objectives
- Identify trends in financial statement fraud
- Recall examples of financial statement fraud schemes
- Describe audit procedures required to respond to fraud risk
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
How to Audit: Cash
2 Credit Hours Price: 2 Tokens
Cash is essential to every business, and is often one of the first accounts audit staff are exposed to. This course will cover the basics of auditing cash, including the related audit assertions, risks, & threats to the cash balance. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
Field(s) of Study: Auditing
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Learning Objectives
- Recall the audit assertions applicable to the cash balance
- Recognize the risks & threats related to the cash balance
- Identify substantive auditing procedures that are used to obtain comfort over cash
Level
BasicPrerequisites
None
Advanced Preparation
None
-
Events
Internal Control Fundamentals
2 Credit Hours Price: 2 Tokens
AU-C Section 315 requires the auditor to gain an understanding of the entity and its environment and the entity's internal controls in order to design appropriate audit procedures. This course will review the key requirements of COSO which is one of the most widely used internal control frameworks. We'll also review the limitations of internal controls. Additionally, this course will introduce the risk assessment process and the various audit procedures to evaluate controls and to determine whether to test the operating effectiveness of controls.
Field(s) of Study: Auditing
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Learning Objectives
- Describe the five components of COSO
- Recall the limitations of internal controls
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
How to Audit - Property, Plant & Equipment
2 Credit Hours Price: 2 Tokens
Property, Plant, & Equipment is often one of the largest balances on the financial statements. This course will cover the foundation of auditing PP&E, including the related audit assertions, risks, & threats to the PP&E balance. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
Field(s) of Study: Auditing
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Learning Objectives
- Recall the audit assertions applicable to the PP&E balances
- Recognize risks & threats related to the PP&E balances
- Identify substantive auditing procedures that are used to obtain comfort over PP&E
Level
BasicPrerequisites
None
Advanced Preparation
None
-
Events
How to Audit: Prepaid Expenses
2 Credit Hours Price: 2 Tokens
It is imperative that audit staff understand the fundamentals of prepaid expenses. This course will cover the basics of auditing prepaid expenses, including the related audit assertions, risks, & threats to the prepaid expense balance. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
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Field(s) of Study: Auditing
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Learning Objectives
- Recall the audit assertions applicable to the prepaid expense balance •Recognize the risks & threats to the prepaid expense balance
- Identify substantive auditing procedures that are used to obtain comfort over prepaid expenses CPE
Level
BasicPrerequisites
One year of audit experience
Advanced Preparation
None
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Events
How to Audit: Inventory
2 Credit Hours Price: 2 Tokens
Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation. Learning Objectives: • Recall the audit assertions applicable to inventory.
Field(s) of Study: Auditing
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Learning Objectives
- Recognize risks & threats related to the inventory balance
- Identify substantive auditing procedures that are used to obtain comfort over inventory
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Best Practices: Audit Workpapers & Proper Documentation
2 Credit Hours Price: 2 Tokens
AU-C Section 230 requires that auditors maintain sufficient audit documentation throughout the engagement. Audit documentation is essential, as it serves as the evidence that auditors performed appropriate procedures to support their opinion on the financial statements. This course will cover the basis and best practices of audit workpapers and proper audit documentation, as well as the common deficiencies in audit documentation.
Field(s) of Study: Auditing
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Learning Objectives
Identify common deficiencies in audit documentation on engagements
Recall the documentation requirements of audit workpapers from AU-C 230
Level
BasicPrerequisites
None
Advanced Preparation
None
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EventsMay 13, 2026 @ 11:00 AM - ET Best Practices: Audit Workpapers & Proper Documentation
May 19, 2026 @ 2:00 PM - ET Best Practices: Audit Workpapers & Proper Documentation
June 2, 2026 @ 9:00 AM - ET Best Practices: Audit Workpapers & Proper Documentation
June 17, 2026 @ 1:00 PM - ET Best Practices: Audit Workpapers & Proper Documentation
Introduction to Ethics & Professional Skepticism
2 Credit Hours Price: 2 Tokens
Ethics and professional skepticism are a cornerstone of public accounting. This course will review the Code of Ethics for Professional Accountants that practitioners must adhere to. This course will outline the pressures, opportunities, and rationalizations that lead to instances of fraud. In addition, this class will walk through some interactive examples to illustrate various scenarios of noncompliance during engagements.
Field(s) of Study: Regulatory Ethics
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Learning Objectives
- Recognize noncompliance with ethical standards during engagements
- Recall the five fundamental principles of ethics for professional accountants
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Introduction to Risk Assessment
2 Credit Hours Price: 2 Tokens
Effective risk assessment is foundational to designing an appropriate audit response. This course introduces the audit risk model and provides an overview of the risk assessment procedures performed during engagements.
Participants will review the components of the audit risk model and examine common risk assessment procedures, including inquiries, analytical procedures, and observation and inspection techniques. Emphasis is placed on understanding how risk assessment drives engagement planning and supports the development of appropriate audit responses.
Designed for auditors seeking a structured introduction or refresher, this course builds foundational knowledge necessary for effective engagement planning and execution.
Field(s) of Study: Auditing
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Learning Objectives
- Perform risk assessment procedures during an engagement
- Recall parts of the audit risk model
Level
BasicPrerequisites
None
Advanced Preparation
None
-
Events
Accounting and Auditing for Cryptocurrency
2 Credit Hours Price: 2 Tokens
Cryptocurrency continues to evolve rapidly, bringing new accounting and auditing considerations for CPAs and auditors. This course provides a practical overview of the accounting and auditing issues associated with cryptocurrency, with an emphasis on recent standard-setting developments and their implications for practice.
The accounting portion of the course focuses on ASU 2023-08 and related developments, including recent FASB Board discussions, the FASB’s Invitation to Comment, and the addition of cryptocurrency-related topics to the FASB’s research agenda. Participants will work through a practical case study to apply the guidance in ASU 2023-08, building confidence in accounting for cryptocurrency transactions and balances.
The auditing portion of the course addresses key audit considerations related to cryptocurrency, including implications for engagement acceptance and continuance, risk assessment, and the design and performance of audit procedures. The course also references the AICPA’s Accounting for and Auditing of Digital Assets practice aid to help bridge authoritative guidance and real-world application.
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Field(s) of Study: Accounting , Auditing
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Learning Objectives
- Identify the impact of recent FASB standard-setting activities on the accounting for digital assets, including cryptocurrency.
- Recognize the key accounting requirements introduced by ASU 2023-08 as they apply to common cryptocurrency transactions and balances.
- Identify key audit considerations related to cryptocurrency, including risks affecting engagement acceptance, risk assessment, and audit procedures.
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
Preparation, Compilations, and Review Engagements
2 Credit Hours Price: 2 Tokens
This course is an introduction to preparation, compilation, & review engagements. During this course, we will compare and contrast these different engagements by reviewing the procedures that should be performed, different reports, as well as the level of assurance specific to each type of engagement.
Field(s) of Study: Auditing
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Learning Objectives
- Recognize the difference between preparation, compilation, & review engagements
- Identify the specific procedures related to preparation, compilation, & review engagements
Level
BasicPrerequisites
None
Advanced Preparation
None
Marketing Info
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Events
How to Audit: Expenses and Payables
2 Credit Hours Price: 2 Tokens
It is imperative that audit staff understand the fundamentals of expenses & payables. This course will cover the basics of auditing expenses, accrued liabilities, and other payables, including the related audit assertions, risks, & threats to the expenses & payables balances.
During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
Field(s) of Study: Auditing
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More Info
Learning Objectives
- Recall the audit assertions applicable to the expenses & payables balances
- Recognize risks & threats related to the expenses & payables balances
- Identify substantive auditing procedures that are used to obtain comfort over expenses & payables
Level
BasicPrerequisites
None
Advanced Preparation
None
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Events
How to Audit: Accounting Estimates
2 Credit Hours Price: 2 Tokens
When auditing management's accounting estimates, increased professional skepticism is necessary as there is always the potential for bias in areas of increased subjectivity & complexity. This course will demonstrate procedures to test the process used by management to develop estimates, as well as walk through common examples of accounting estimates that are included in the financial statements. It includes the updated requirements in SAS 143.
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Field(s) of Study: Auditing
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Learning Objectives
- Perform audit procedures to obtain comfort over the reasonableness of management's estimates
- Recall circumstances that require accounting estimates
Level
BasicPrerequisites
None
Advanced Preparation
None
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