WHY ATTEND THIS COURSE?
With the time pressure of getting the job done, often review of documentation is limited to checking that the financial statement numbers tie into the documentation, and that major technical issues are addressed. Although this approach is clearly important to ensure high quality, it does little to train the staff on how to cut out extraneous procedures and documentation. This program will discuss a process that can be used by the reviewer to balance risk and efficiency. It will discuss SAS and SSARS documentation requirements, as well as illustrate examples of documentation and include a closing case to encourage further discussion of these documentation requirements.
The in-charge accountant responsible for supervising the engagement.
Participants will be able to perform and document an effective review of documentation.
COURSE ACRONYM: EED2
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Basic
ADVANCE PREPARATION: None
FIELD OF STUDY: Auditing
RECOMMENDED CPE CREDIT: 2 hours
SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are 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: www.nasbaregistry.org.