Surgent's Auditing Contingencies and Going Concern (Audit Skills Training - Level 5) (A5M5)

Course Details

Date

Self-Study

Location

Online

Field of Study

Accounting & Audit

CPE Credit

3 hours CPE credit

Level of Knowledge

Intermediate

Vendor

Surgent McCoy CPE, LLC

Prerequisites

Experience on complex audit engagements

Description

Financial statements may contain significant uncertainties requiring special audit consideration for evaluating proper treatment in accordance with generally accepted accounting principles and relevant auditing standards. This module provides tips and techniques for obtaining sufficient appropriate audit evidence to support conclusions.

Highlights

  • Overview of contingencies and related disclosures
  • Identifying and determining proper accounting treatment for litigation, claims and assessments
  • Evaluating the sufficiency of attorney’s letter responses for audit evidence
  • Evaluating substantial doubt about an entity’s ability to continue as a going concern for a reasonable period of time
  • Auditing managements assumptions in making the going concern evaluation
  • Proper application of the liquidation basis of accounting

Designed For

Accountan

Course Pricing

WYOCPA Member Fee

Applicable if you are a WYOCPA member in good standing.

$54.00
Non-Member Fee

Applicable if you are not a WYOCPA member.

$54.00
Your Price $54.00

View All Professional Development Courses