Description
This multicourse training bundle focuses on enhancing first-year audit staff's practical skillset. It covers internal controls, fraud considerations, analytical procedures, and more. This is a companion course to New Staff: Core Concepts.
Designed For
- Recently onboarded staff
- First-year staff
- Firms that want consistent training and level setting
Objectives
- Recall the basics of internal control, including using the work of others.
- Identify the key concerns regarding fraud considerations in a GAAS audit.
- Recall the purpose and procedures regarding analytical procedures and their use in an audit.
- Identify the potential of audit data analytics and areas where these procedures can be effective.
- Identify the audit procedures typically performed by new staff in the following areas:
- Cash and cash equivalents
- Accounts receivable
- Inventory
- Prepaid and other current assets
- Property, plant, and equipment
- Accounts payable
- Debt
Highlights
- Internal controls
- Fraud considerations
- Analytical procedures
- Basic auditing procedures for areas commonly assigned to new staff members