WHY ATTEND THIS COURSE?
This is the second of three levels in staff development that have been designed to provide continuing progress in the development for staff with more advanced and complex assignments with minimal supervision. The course will focus on the understanding and performance of the risk assessment process of the audit. Case studies will highlight best practices on the areas of analytical procedures, internal controls and walk-throughs. Since this experience level will be expected to assist more with the notes to the financial statements, a detailed discussion will provide a basic knowledge and examples of required disclosures for a U.S. GAAP or special purpose framework financial statement.
Experienced level staff accountants that have participated in an audit engagement.
As staff gain experience, the planning and reporting phase of an engagement become more complex and will require technical performance with minimum supervision. This course will provide insight into the expectation of this level of performance.
To provide guidance and hands-on experience with case studies to staff in their technical development and enhanced performance required by the firm.
COURSE ACRONYM: SL2
PRESENTATION METHOD: Group-live
LEVEL OF KNOWLEDGE: Intermediate
ADVANCE PREPARATION: None
FIELD OF STUDY: Accounting & Auditing
RECOMMENDED CPE CREDIT:
Qualifies for the 24-hour Yellow Book requirement. Determination as to the qualification of certain courses for the Yellow Book 24-hour requirement should be made on an auditor-specific basis depending on that auditor’s Yellow Book clients. Note that the determination of course qualification is a matter of an auditor’s professional judgment in consultation with appropriate individuals in the audit firm. The 24 hours are a subset of the 80-hour requirement.
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.