How to Audit Prepaid Expenses WEBCAST
Overview
Understanding how to effectively audit prepaid expenses is a key skill for audit staff. This course provides a comprehensive overview of the fundamentals, including the applicable audit assertions and common risks and threats associated with the prepaid expense balance. Participants will learn how to perform substantive auditing procedures to ensure accuracy and reliability, with guidance on applying these techniques to real-world scenarios. Designed to enhance practical knowledge, this session equips auditors with the tools and confidence needed to navigate prepaid expense audits with proficiency.
Highlights
Pre-paid expenses. Auditing.
Prerequisites
None.
Designed For
Accounting professionals.
Objectives
Recall the audit assertions applicable to the prepaid expense balance. Recognize risks and threats related to the prepaid expense balance. Identify substantive auditing procedures that are used to obtain comfort over prepaid expenses.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Jaclyn Veno, Galasso Learning Solutions LLC
Jaclyn Veno is a licensed CPA and holds both a bachelor’s and a master’s degree in Accounting from Clemson University. Before joining Galasso Learning Solutions, she was an auditor for two top-10 CPA firms. Jaclyn has extensive experience developing both staff and interns including the onboarding of overseas staff. She has fond memories of her time spent completing dozens of acquisition audits for one growing client. Jaclyn holds certificates in adult learning and instructional design from the Association for Talent Development (ATD) and will be completing her Training & Facilitation Certificate this spring.
Non-Member Price $109.00
Member Price $79.00