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
With an extensive background in accounting, auditing, and adult learning theory, Jaclyn is a licensed CPA who oversees the development of Level Training programs for Galasso Learning Solutions. Our students share that she creates highly-engaging, 5.0 rated curricula with case studies, hands-on activities, and even games.
Prior to joining our team, Jaclyn worked for two of the Top 10 CPA firms (PwC and Forvis, LLP) where she was entrusted with significant responsibilities including managing teams in India, leading revenue testing, and overseeing more than 20 acquisition audits from start to finish.
With both a bachelor’s and master’s degree in accounting from Clemson University, as well as certificates in Adult Learning Theory, Instructional Design, Training & Facilitation, and E-Learning Instructional Design, Jaclyn is a trusted facilitator known for explaining complex concepts in compelling ways.
Non-Member Price $109.00
Member Price $79.00