Passing Your Annual Financial Statement Audit – Part 1: An Ex-Auditor’s Proven Strategies for Success

Got Audit? Most U.S. Companies whose financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP) are required to be audited annually. During these audits, accounting and finance teams are primarily responsible for interacting with the auditors and for providing the required information to enable the auditors to complete their work.

For accounting and finance professionals who have not yet participated in an audit or have only experienced audits from the client’s perspective, an audit can be a very daunting and often frustrating experience. While most auditing courses are geared towards the learning needs of auditors, this course is specifically designed to give professionals on the client side a sufficient understanding of audit methods and procedures so that they can effectively partner with their auditors for the mutual goal of an efficient and successful audit.

Based on a true insider’s perspective, this course explores an auditor’s typical areas of focus, standard audit approaches and frequent audit trouble spots and then outlines useful strategies to help maximize the potential for an on-time and favorable audit outcome.

Passing Your Annual Financial Statement Audit is a two part series course:
Passing Your Annual Financial Statement Audit – Part 1; An Ex-Auditor’s Proven Strategies for Success
Passing Your Annual Financial Statement Audit – Part 2; An Ex-Auditor’s Proven Strategies for Success