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Sometimes financial statement audits are performed under special circumstances, such as opening on a group’s set of financial statements, extending responsibilities to opining on compliance, performing an initial audit, using the work of valuation expert or internal audit, and more. This course will address key considerations in these special audit conditions.

Major Topics:

  • Group audit requirements
  • Extending financial statement audit concepts to compliance audits
  • Initial audit considerations
  • Using the work of specialists and internal audit
  • Other common audit variations


Learning Objectives
  • Discover and describe the special considerations when performing special audits, such as group or initial audits.
  • Explore and explain factors that influence the auditor’s ability to use the work of specialist or others as evidence.
  • Recognize and list common variations to the traditional financial statement audit engagement.
Last updated/reviewed: August 21, 2023
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Included In Certifications

This course is included in the following Certification Programs:

13 CoursesAudit Training Certification - Level 4 - Supervisor/Manager

  1. Audit Quality Control - Avoiding Peer Review Deficiencies
  2. Internal Control Deficiencies and Other Matters - Adding Value Through Required Auditor Communications
  3. Auditing Impairment of Long-Lived Assets, Including Goodwill - Identifying and Calculating Impairment Losses
  4. Maximizing Analytic Procedure Evidence - Adding Value Through Useful Financial Statement Analysis
  5. Accounting Estimates, Including Fair Value - Evaluating the Propriety of Areas with Uncertainty
  6. Special Audit Considerations - Comprehending Requirements of Group Audits, Compliance Audits, Using the Work of a Specialist or Others, and More!
  7. The Art of Discipline and Getting Things Done - Applying Better Time, Team, and Project Management Techniques
  8. Management Skills - Exhibiting Traits of a Balanced Leader-Manager
  9. Personality Styles - Adapting to Different Types of Personalities for Improved Relationships and Interactions
  10. Making Rain - Improving Success with Retaining Clients and Attracting Prospects
  11. General Ethics for Business Professionals
  12. Accounting Update - Hot Topics for Preparing Current Period Financial Statements
  13. Auditing & Attest Update - Hot Topics for Current Period Audits and Other Attest Services
Course Complexity: Intermediate

Prerequisite: Experience in audits.
Designed For: Accountants who perform more complex audits.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Learning Objectives for Special Audit Considerations 0:32
  Internal Audit Engagements19:26
  Group Audit of F/S15:16
  Group Audit of F/S Cont'd12:37
  Using the Work of Internal Audit or Specialist3:54
  Sarbanes-Oxley Act9:38
  Critical Audit Matters and SAS Requirements11:58
  Government Auditing Standards and OMB Uniform Guidance13:38
  Reporting on Compliance and Auditor's Involvement in an Exempt Offerings6:56
  Other Information Included in Annual Reports5:06
  Special Audit Considerations1:39:01
  Slides: Special Audit ConsiderationsPDF
  Special Audit Considerations Glossary/ IndexPDF