Surgent's Assessing Fraud Risk in a Financial Statement Audit (Audit Skills Training - Level 3) (A3M2)

Course Details





Field of Study

Accounting & Audit

CPE Credit

3 hours CPE credit

Level of Knowledge



Surgent McCoy CPE, LLC


Accountants who have responsibility for identifying, assessing and responding to fraud risk on a financial statement audit.


The financial statement auditor's overall responsibility is to obtain sufficient appropriate audit evidence to obtain reasonable assurance as to whether the financial statements are materially misstated due to fraud or error. The difficulty is that there are inherent limitations related to detecting fraud due to deliberate schemes to conceal the intent to deceive, such as collusion. This module will highlight the audit procedures most effective in identifying, assessing and responding to fraud risk.


  • Explain the expectation gap with financial statement users regarding the auditor’s responsibilities for preventing and detecting fraud
  • Fraud inquiries and engagement team discussion points
  • Identifying and responding to fraud risk on an audit
  • Testing journal entries and other tests for management override
  • Fraud communications

Designed For


Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

Non-Member Fee

Applicable if you are not a WYOCPA member.

Your Price $54.00

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