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Self-StudySELECT STARTING AT $65

Downloadable PDF

Credits: 4

Qualifies For: YB

$65

Textbook

Credits: 4

Qualifies For: YB

$80
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  • It was an awesome course. I have recommended it to a couple of CPA friends.

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Seven Aspects of a GAAS Audit (SVN4)

  • Customer Rating
  • Field of Study
    Auditing
  • Level
    Intermediate
  • Credits
    4
  • Qualifies for

    YB CPE

Overview

Ancient mariners utilized the seven seas to arrive at their destination. Snow White used the assistance of seven dwarfs to venture through the forest. Auditors employ the seven aspects of an audit, as outlined in the AU-C sections, to journey through the audit process. Designed for everyone in the firm, this course examines how the seven aspects of an audit fit together to provide a complete audit. The course materials utilize a highly illustrative and innovative format to provide an enhanced working knowledge of today’s GAAS.

Major Topics:

  • How today’s GAAS is organized into seven aspects of an audit (i.e., general principles and responsibilities; risk assessment and response to assessed risks; audit evidence; using the work of others; audit conclusions and reporting; special considerations; and special considerations in the United States) 
  • Key considerations, determinations, and requirements that pertain to each of the seven facets of an audit
  • Answers to frequent questions that arise in the application of GAAS

Learning Objectives

  • Stay current on key aspects of maintaining professional skepticism and exercising professional judgment in the planning and performance of an audit
  • Proficiently perform audits through an increased knowledge of how the various sections of GAAS interrelate to each other
  • Skillfully apply the requirements used by auditors on a daily basis

Who should take this course:

Designed for:

All auditors

Prerequisite:

Basic audit knowledge

Advanced Preparation:

None

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