How to Audit Inventory WEBINAR
Overview
Inventory observations are often a rite of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, and threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform and also walk through how to conduct a physical inventory observation.
Highlights
Auditing inventory. Related audit assertions, risks, and threats to inventory. Substantive auditing procedures that staff should perform.
Prerequisites
None.
Designed For
Auditors who may need to audit inventory.
Objectives
Recall the audit assertions applicable to inventory. Recognize risks and threats related to the inventory balance. Identify substantive auditing procedures that are used to obtain comfort over inventory.
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