Webcast
Auditing Accounts Receivable – Focusing Procedures for Testing Existence and Valuation
Essential guide to Accounts Receivable Auditing and Risk Assessment. Master effective techniques for evaluating account existence and valuation while developing robust confirmation procedures.
$98.00
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Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
2 Credits: Auditing
Course Level
Basic
Format
Webcast
Course Description
Accounts receivable tends to carry higher risk of material misstatement due to the complexity and subjectivity involved with initial recognition, subsequent measurement, and valuation. In addition, revenue recognition is presumed to be a significant fraud risk. This CPE course will explain tips and best practice techniques for auditing common accounts receivable risks, primarily focusing on existence and valuation. Participants will learn how to create an audit plan, as well as evaluate confirmation responses and allowance for doubtful accounts.
Learning Objectives
Upon completion of this course, participants will be able to:
- Identify typical audit risks and special audit considerations related to accounts receivable
- Explain how to tailor a detailed audit plan to assessed risk of material misstatement
- Evaluate external confirmation responses for propriety
- Evaluate allowance for doubtful accounts for proper valuation
Course Specifics
WC1924400382
October 8, 2024
None
None
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
Webcast
