Field of Study: Auditing
Publication date: February 2023
The auditor uses four phases to meet the overall objective of an audit, which is to express an opinion on the fairness with which the financial statements present accurately. Every audit requires planning, which occurs during the first of the four audit phases.
Auditing – Creating a Plan for Success reviews the audit planning process. It discusses the importance of evaluating materiality and risk, which impacts the auditor’s planned audit evidence. It describes how to develop a preliminary judgment about materiality, and consider the most appropriate risks for each engagement. This course also reviews the eight steps involved in creating an audit plan.
This is a self-study CPE course.
Program level: Basic
Prerequisites: None
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase