Effective Workpaper Techniques: Building a Better Workpaper ON DEMAND

Overview

This course is a good refresher for seasoned professionals to ensure documentation in compliance with best practices and maintain skills, as well as providing the basics to help new and emerging CPAs prepare, document and maximize the potential of each workpaper. You’ll leave this course armed with the skills to create workpapers that answer more questions than they raise. While this is primarily audit and industry accountant focused, all accountants can benefit from an immersion in topics that range from the core necessity of workpapers to more complex legalities and regulatory requirements.

Highlights

Identifying when a workpaper is needed. Constructing an effective workpaper. Leveraging the power of Excel to create a more powerful and fluid workpaper. Differences between workpapers for industry, audit and tax accountants. Referencing. Creating a trail that anyone can follow. How to document to reduce legal risk. Best practices of documentation to improve peer reviews.

Prerequisites

None.

Designed For

CPAs and auditors.

Objectives

Understand workpaper objectives and be able to answer the questions: What am I doing and Why am I doing it? Develop the skills needed to determine appropriate workpaper content. Recognize concepts that result in effective workpapers. Understand the concept of workpaper construction and what workpaper users Determine the legal implications of workpapers.

Preparation

None.

Notice

None.