Audit Training Level 1 - Beginning Staff

A series of courses designed for Auditors with limited to no practical experience on audits; qualifies for two regulatory ethics credits and 30.5 CPE credits.

Learn the basic skills new staff needs to hit the ground running and efficiently complete assigned tasks, including what new auditors are expected to know and do, including the nature, timing, and extent of common audit procedures. Focus on why certain procedures are performed and perform typical procedures.

Learning Objectives:

  • Describe accounting, auditing and other attest issues important to a public accountant.
  • Explain best practices for complying with professional, technical, and regulatory requirements related to common A&A issues faced by public accountants.
  • Apply examples and illustrations to “real-life” circumstances encountered in financial statement audits.

Instructor for this course

13 Courses

1
Professional Skepticism - Creating a Mindset for Finding Fraud and Error
Professional skepticism is an essential attitude that enhances the ability to identify and respond to conditions that may indicate possible material.
2
Audit Documentation - Creating Workpapers That Pass Review
Proper documentation is essential to a high-quality audit, as auditors are required to prepare and maintain documentation.
3
Adapting to the Engagement - Differentiating the Requirements of Preparations, Compilations, Reviews, and Audits
A CPA may perform various attest services under relevant professional standards, including compilations, reviews and audits.
4
The Audit Risk Model - Understanding Foundational Principles
Professional standards require auditors to obtain sufficient and appropriate evidence to support that opinion.
5
Internal Control Fundamentals - Satisfying Audit Requirements for Evaluating Design and Implementation
A critical component of understanding the entity and its environment is to evaluate the design and implementation of internal control.
6
Auditing Cash - Applying Basic Skills to the Starting Point of Any Audit
This course demonstrates how the approach to auditing different cash accounts may vary and how to strengthen inquiry which is an important procedure.
7
Auditing PP&E, Including Leases under Topic 842 - Digesting the Risks of Improper Treatment of Tangible Long-Lived Assets
This module will address tips and techniques for auditing tangible long-lived assets for various assessed risk levels.
8
Auditing Inventory - Performing Required Observations and Other Common Procedures
This module will primarily focus on performing the inventory observation, while introducing other risk concepts related to inventory.
9
Analytical Procedures - Comprehending Financial Statement Audit Fundamentals
This module provides the tips and techniques necessary to gather sufficient appropriate audit evidence to support conclusions.
10
Audit Reporting Fundamentals - Introducing Core Concepts in the Audited Financial Statement Drafting and Issuance Process
This module provides tips and techniques necessary for issuing and reporting on high-quality financial statements.
11
AICPAs Code of Professional Conduct - Exploring the Foundational Principles Underlying the CPA Profession as a Whole
This course will provide an overview of the basic principles of the AICPA’s Code of Professional Conduct with practical implementation.
12
Accounting Update - Hot Topics for Preparing Current Period Financial Statements
This module provides recent and proposed changes to relevant technical standards most relevant to the preparation and fair presentation.
13
Auditing & Attest Update - Hot Topics for Current Period Audits and Other Attest Services
This module provides recent and proposed changes to relevant professional and regulatory standards that have potential impact on public accounting.

Purchase Certification

$299.00
Price for Subscribers: $299.00
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Purchase Certification

$299.00
Price for Subscribers: $299.00
sign-in if you have a subscription

Completion Award

Audit Training Level 1 - Beginning Staff
Audit Training Level 1 Beginning Staff
CPE
Continuing Education
Credits: 32.5 hours
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Brief

Certification overview video
Audit Training Level 1 - Beginning Staff Flyer
 
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Duration: 32.5 Hours

Requirements: Basic knowledge of Auditing

Method: Online, anytime, any device

Testing: Unlimited online attempts of exams at end of each course. Must pass each course with a score of 70% or better to receive certification. Tests are online and not proctored.

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