Audit 208: Audit Reporting Basics - Report Issuance Process

Wednesday, January 15, 2025
Webcast or Webinar, Online
1:30 PM - 3:30 PM (opens at 1:00 PM) EST
2Credits
Accounting and Auditing

Registration is Open

Members
$89.00 Regular Price
Non-Members
$119.00 Regular Price

CPE PowerPass Users

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/CX45636
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Auditing

Overview:

Audit Reporting Fundamentals - Introducing Core Concepts in the Audited Financial Statement Drafting and Issuance Process will provide tips and techniques necessary for issuing and reporting on high-quality financial statements prepared under any applicable financial reporting framework. The ultimate objective of a financial statement audit is to issue an auditor's report. Note: This course is recommended as a part of a 16-hour audit skills curriculum for experienced staff auditors, while it is also appropriate for anyone who has responsibilities for drafting and issuing audit reports. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

Upon completion of this course, you will be able to...

  • Identify the inter-relationship of basic financial statements and disclosures
  • Recall the financial statement drafting and issuance process
  • Perform a quality control check of draft financial statements
  • Recall the key elements and variations of the auditor's report
  • Recognize special considerations for financial statements prepared under a special purpose framework

Major Topics:

The major topics covered in this course include:

  • Objective of financial reporting and Inter-relationships of financial statements and disclosures
  • Special purpose framework financial statements and the impact on audits
  • Types of audit reports, including reasons for modification
  • Financial statement drafting and issuance process
  • Performing a final quality control check before report release

Major Topics:

The major topics covered in this course include:

  • Objective of financial reporting and Inter-relationships of financial statements and disclosures
  • Special purpose framework financial statements and the impact on audits
  • Types of audit reports, including reasons for modification
  • Financial statement drafting and issuance process
  • Performing a final quality control check before report release

Designed For:

Accountants who have responsibilities for drafting the financial statements and the auditor's report

Prerequisites:

None