Performing Tests of Balances Procedures: Understanding Audit Strategies (Currently Unavailable)

Author: Larry Perry

This on-demand is the foundation in this "How to Perform Auditing Procedures" series. We will focus on the impact of risk assessment procedures on the design and performance of other substantive procedures.

Publication Date: August 2014

Designed For
CPA firm staff personnel assigned to audit engagements who desire a better understanding of the audit process should attend. Internal auditors and finance personnel employed in various industries will also benefit from this webcast.

Topics Covered

• Key elements of the risk assessment standards
• Auditing relevant assertions
• Types of tests
• Affects of risk of material misstatement on types of tests
• General documentation requirements

Learning Objectives

• Identify the fundamental concepts of the audit process
• Identify the impact of risk assessment procedures on audit strategies
• Recognize how to design cost-beneficial evidence mixes
• Recognize how to effectively link assessed risk of material misstatements to substantive procedures

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Auditing (2 hours)

Program Prerequisites
None

Advance Preparation
None