Audit 206: Analytical Procedures - Audit Fundamentals

Analytical Procedures - Comprehending Financial Statement Audit Fundamentals will provide the tips and techniques necessary to gather sufficient appropriate audit evidence to support conclusions using analytic procedures common to financial statement audits. Properly designing, documenting and evaluating results of analytic review procedures is critical for performing an effective and efficient audit engagement. Note:
This course is recommended as a part of a 16-hour audit skills curriculum for experienced staff auditors, while it is also appropriate for anyone who has responsibilities for performing financial statement audit analytics. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

The major topics covered in this course include:

• Identifying risk of material misstatement through preliminary analytic review procedures
• Ensuring sufficient appropriate audit evidence is gathered through final overall analytic review
• Establishing expectations for analytic procedures
• Properly designing, documenting and evaluating the results of substantive analytic review procedures
• Disaggregating substantive analytics for stronger results
• Factors impacting the design of substantive analytic procedures
• Common pitfalls in performing substantive analytic procedures

Who will benefit:

Accountants responsible for performing basic analytic procedures on audit engagements

This webcast is hosted on CPA Crossing platform. Attendees will receive instructions on how to attend the webcast via e-mail.