Complying with Audit Documentation Requirements

Wednesday, July 06, 2022
Webcast or Webinar, Online
2:00 PM - 4:00 PM (opens at 1:30 PM) EST
2Credits
Accounting and Auditing

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
Course Type: Webcast
Course Code: 22/CX30260
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Auditing

Overview:

Proper documentation is essential to a high-quality audit, as auditors are required to prepare and maintain documentation to demonstrate that sufficient and appropriate audit evidence was obtained to support the auditor's opinion. It is critical for workpapers to provide a clear understanding of the nature, timing, and extent of procedures applied, the results of those procedures, source of evidence obtained, and conclusion reached. Both audit effectiveness and efficiency are directly impacted by the nature and extent of audit documentation. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

After attending this presentation you will be able to...

  • Discuss the minimum documentation requirements of the audit standards
  • Discuss tips and techniques for self-review
  • Describe common workpaper deficiencies
  • Explain how to prepare workpapers in a proper form

Major Topics:

The major topics covered in this class include:
  • Proper documentation as a means of audit quality
  • Factors impacting the nature and extent of documentation
  • Sample workpaper index and other organization tips
  • Use of audit programs as a means of audit documentation
  • Checklist for self-review of workpapers and clearing review notes
  • Multiple exercises on identifying workpaper deficiencies

Major Topics:

The major topics covered in this class include:
  • Proper documentation as a means of audit quality
  • Factors impacting the nature and extent of documentation
  • Sample workpaper index and other organization tips
  • Use of audit programs as a means of audit documentation
  • Checklist for self-review of workpapers and clearing review notes
  • Multiple exercises on identifying workpaper deficiencies

Designed For:

Professionals who prepare or review audit documentation

Prerequisties:

None
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org