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How to Audit Inventory

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Webcast or Webinar

Online, ON 00000

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2.0 Credits

Member Price $89.00

Non-Member Price $119.00

Overview

Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

  • Auditing Inventory.
  • Related Audit assertions, risks, and threats to inventory.
  • Substantive auditing procedures that staff should perform.

Prerequisites

None

Designed For

Auditors who may need to audit inventory.

Objectives

After attending this presentation, you will be able to...

  • Recall the audit assertions applicable to inventory
  • Recognize risks & threats related to the inventory balance
  • Identify substantive auditing procedures that are used to obtain comfort over inventory

Preparation

None

Non-Member Price $119.00

Member Price $89.00