Audit Staff Essentials - Experienced In Charge or Senior: Auditing Estimates and Fair Value
Available for 1 year after purchase date
**OnDemand**
2.5 Credits
Member Price $115.00
Non-Member Price $145.00
Overview
Experienced in charge and senior auditors can expand their knowledge of auditing estimates and fair values.
Highlights
Key Topics
- GAAS requirements for auditing estimates and fair value measurements
- Auditor and management biases
- Challenging concepts in fair value accounting and auditing
- Evaluating specialist evidence
- Disclosures
- Estimates and fair value measurements in revenue recognition
Prerequisites
2-3 years of audit experience
Designed For
Who Will Benefit
In-charge and experienced audit staff with more than two to three years of audit experience
Objectives
Learning Outcomes
- Identify the required audit practices and procedures to meet generally accepted auditing standards (GAAS) requirements.
- Assess accounting and auditing challenges relating to estimates and fair value measurements.
- Identify the process used to assess misstatements of entity estimates.
- Analyze special topics regarding estimates and fair value measurements, such as credentials of specialists, written representations, disclosures, and estimates in revenue recognition.
- Identify common auditing deficiencies around estimates and fair value measurements.
- Identify specific audit considerations regarding estimates and fair value measurements regarding revenue recognition.
Non-Member Price $145.00
Member Price $115.00