Surgent's Audit Documentation Basics (Audit Skills Training: Level 1) (A1M5)

Course Details

Date

Self-Study

Location

Online

Field of Study

Accounting & Audit

CPE Credit

3 hours CPE credit

Level of Knowledge

Beginning

Vendor

Surgent McCoy CPE, LLC

Prerequisites

None

Description

Proper documentation is essential to a high quality audit, as auditors are required to prepare and maintain documentation to demonstrate that sufficient and appropriate audit evidence was obtained to support the auditor's opinion. It is critical for workpapers to provide a clear understanding of the nature, timing and extent of procedures applied, the results of those procedures, source of evidence obtained, and conclusions reached. Both audit effectiveness and efficiency are directly impacted by the nature and extent of audit documentation.

Highlights

  • Proper documentation as a means of audit quality
  • Factors impacting the nature and extent of documentation
  • Sample workpaper index
  • Use of audit programs as means of audit documentation
  • Exercise on identifying workpaper deficiencies
  • Checklist for self-review of workpapers and clearing review notes

Objectives

  • Discuss the minimum documentation requirements of the SASs
  • Discuss tips and techniques for self-review
  • Describe common workpaper deficiencies
  • Explain how to prepare workpapers in proper form

Designed For

Professionals new to auditing

Registration for this course has passed.

Course Pricing

WYOCPA Member Fee
$54.00

Non-Member Fee
$70.00

Your Price
$70.00

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