New Staff: Core Concepts - Audit Evidence

Overview

** This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - New Staff: Core Concepts staff training bundle.**

Gain knowledge about audit evidence and the need for evidence in an audit.

In this CPE self-study course, learn about sources of audit evidence and the various techniques auditors use to gather evidence.

Understand what makes evidence sufficient and relevant as well as what an auditor should do when faced with conflicting or contradictory evidence.

Learn how data analytics can be used as a risk assessment tool and how biases can play a role in your evaluation of audit evidence.

Understand why controls over evidence are important and how controls make evidence more reliable.

Highlights

Key Topics

• Relevant professional standards
• Audit evidence and the audit risk model
• Sources of audit evidence
• Sufficiency of audit evidence
• Conflicting or contradictory audit evidence
• Controls over evidence

Prerequisites

None

Designed For

Who Will Benefit

• Recently onboarded staff
• First-year staff
• Firms that want consistent training and level setting

Objectives

Learning Outcomes

• Recognize the key sources of audit evidence
• Identify the different techniques auditors use to collect evidence
• Recall what makes evidence useful in an audit
• Recognize how the evidence standard applies to the work performed by management's specialist