How to Audit Accounting Estimates WEBINAR
Overview
When auditing management’s accounting estimates, increased professional skepticism is necessary as there is always the potential for bias in areas of increased subjectivity and complexity. This course will demonstrate procedures to test the process used by management to develop estimates, as well as walk through common examples of accounting estimates that are included in the financial statements. It includes the updated requirements in SAS 143.
Highlights
Procedures to test the process used by management to develop estimates. Common examples of accounting estimates that are included in the financial statements. Updated requirements in SAS 143.
Prerequisites
None.
Designed For
Accountants and auditors.
Objectives
Perform audit procedures to obtain comfort over the reasonableness of management’s estimates. Recall circumstances that require accounting estimates.
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 $89.00