Customer Service: 800-778-7436     

    Log In to Your Surgent Account

    Forgot?
    Forgot?

    Register for an Account

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Choose CPE Format:

Live WebinarSELECT

There are currently no upcoming dates scheduled for this webinar. Please fill out this short form to be notified when this webinar is next available. 

FIRST NAME
LAST NAME
EMAIL ADDRESS
COMMENTS (OPTIONAL)
Self-StudySELECT

This course is not currently available. Please fill out this short form to be notified when self-study options are available.

FIRST NAME
LAST NAME
EMAIL ADDRESS
COMMENTS (OPTIONAL)
Get this course FREE with an Unlimited Package! Learn More
  • Great instructor who spoke clearly and gave relevant examples, support to the power point presentation

    - John B

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.

Audit Skills Training: Level 1 – New Auditors- Consecutive 2-Day Course (1AUD)

  • Customer Rating
    Not Yet Rated
  • Field of Study
    Auditing|Ethics (Regulatory)
  • Level
    Basic
  • Credits
    8
  • Qualifies for

    CPE

Overview

Level 1 focuses on the basic skill sets that new staff need to quickly master in order to 'hit the ground running,' while not overwhelming them with too much information all at once. This course explains the basics of what new auditors are expected to know and do, including the nature, timing and extent of common audit procedures. This course will focus on 'why' certain procedures are performed, as well as 'how' to perform typical procedures expected of new staff. This course is critical in establishing the groundwork for the expectation that all staff should critically analyze and understand the underlying purpose of procedures, as well as how to effectively and efficiently complete assigned tasks. NOTE: Participants must sign up for both consecutive days. Please check the registration calendar to find both complementary dates, which will run in consecutive order.

Major Topics:

Each module includes a lecture followed by in-class group case studies and activities. In this two-day course, the following two-hour modules will be presented:

  • Day 1:
    • Code of conduct: Transitioning to the professional world
    • Traits of a star performer: Desired traits of entry-level auditors
    • Fraud risk considerations: Professional skepticism
    • Compilations and reviews: The nature of compilations, reviews, and audits
  • Day 2:
    • Audit documentation and review: Audit documentation basics
    • Risk-based audit concepts: The basic audit concept
    • Internal controls: Internal control fundamentals
    • Cash and investments: Auditing cash and cash equivalents

         

Learning Objectives

  • Describe the most critical elements of the Code of Professional Conduct, including professional skepticism and

    independence
  • Understand the desired traits of an entry-level auditor
  • Discuss the primary difference in a financial statement auditor’s responsibilities compared to other services, such

    as compilations and reviews
  • Explain the components of audit risk, which are necessary to reduce the risk that a financial statement auditor

    issues the wrong opinion
  • Be familiar with the results of the numerous case studies, exercises, and illustrations that reinforce key learning

    points throughout the course

Who should take this course:

Designed for:

New auditors with limited practical experience on audits

Prerequisite:

None

Advanced Preparation:

None

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:


Loading...

Thank You!

Thank You! Your request has been submitted.



Get More with a Surgent CPE package

Self-Study Library Package

  • Unlimited 24/7 access to 200+ downloadable self-study courses

  • Courses range from 2-20 credits

  • Provides online grading & CPE certificates by email

$499

Learn More

Unlimited Webinar Package

  • Unlimited access to all non-premium live CPE webinars

  • Includes 1-, 2-, 3-, 4-, and 8-hour webinars, including Saturday and evening options

  • Access through 12/31/16

$649

Learn More

Unlimited Plus Package

  • Unlimited access to ALL live CPE webinars

  • Includes all premium courses and virtual conferences

  • Unlimited 24/7 access to all self-study courses

  • Includes all on-demand webcasts Access for a year from purchase date

  • Unlimited 24/7 access to all self-study courses

$849

Learn More
  • CPE Continuing Professional Education for CPAs

  • IRS Continuing Education for EAs and the AFSP program

  • CFP Accepted by the CFP® Board

  • YB YellowBook Continuing Education

Explore Additional Courses by Topic

SURGENT IS APPROVED AS A PROVIDER OF CONTINUING EDUCATION BY:

Thank You!

Thank You! Your subscription has been submitted.