Audit 306: Reviewing Workpapers - A Role in Quality Control

Friday, November 15, 2024
Webcast or Webinar, Online
2:00 PM - 4:00 PM (opens at 1:30 PM) EST
2Credits
Accounting and Auditing

Registration is Open

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

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/CX45705
Level: Intermediate
Vendor: CPA Crossings, LLC
Field of Study: Auditing

Overview:

Reviewing Workpapers - Embracing Responsibilities for Quality Control will provide the tips and tools for satisfying important workpaper reviewer responsibilities. Audit documentation provides the principal support for an auditor's report. Therefore, it is critical for workpaper reviewers to perform quality control procedures to ensure that technical, professional, and regulatory standards are met. In addition, the workpaper review process should be used as a tool for professional development and promoting efficient audits. Note: This course is recommended as a part of a 16-hour audit skills curriculum for in-charge or supervisor auditors, while it is also appropriate for anyone who has workpaper review responsibilities. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

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

  • Identify documentation as a means of audit quality
  • Determine critical responsibilities of a first-level reviewer
  • Distinguish common review notes at various phases of the audit

Major Topics:

The major topics covered in this course include:

  • Documentation as a means of audit quality
  • Responsibilities of the workpaper reviewer
  • Appropriate review notes at various phases of the engagement, including before and after audit report date and report release
  • Important tips for providing reviews notes that will promote an effective and efficient financial statement audit

Major Topics:

The major topics covered in this course include:

  • Documentation as a means of audit quality
  • Responsibilities of the workpaper reviewer
  • Appropriate review notes at various phases of the engagement, including before and after audit report date and report release
  • Important tips for providing reviews notes that will promote an effective and efficient financial statement audit

Designed For:

Anyone who has workpaper review or quality control responsibilities on audits or other attest engagements

Prerequisites:

Experience preparing workpaper documentation