Preparing and Reviewing Workpapers for Higher Quality Audits FLEXCAST

Overview

This course is designed for tax professionals who want to improve their documentation and review methods. Learn the documentation requirements of the Statements on Auditing Standards and discover how experienced auditors create workpapers that hold up to regulatory scrutiny. The course covers risk assessment procedures, fraud detection techniques, internal control evaluation, and substantive testing methods. Develop improved methods of preparing workpapers that demonstrate the nature, timing, and extent of audit procedures through real-world case studies and examples. Inadequate or improper documentation means the work was never done. This course gives you the tools to prepare and review workpapers standards laid out by SAS.

Highlights

Preparing and reviewing workpapers for higher quality audits.

Prerequisites

None.

Designed For

CPAs and auditors.

Objectives

Recall minimum documentation requirements contained in the SASs. Explain best practices for preparing and reviewing workpapers to ensure an effective and efficient engagement. Apply techniques in case studies and examples for preparing and reviewing workpapers.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.