Experienced Staff/New In-Charge - Auditing Investments
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$109.00 Regular Price
Product Code: AI23-ASE3-INV
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Auditing
Overview:
This CPE course can be purchased individually or as part of the Audit Staff Essentials - Experienced Staff/New In-Charge staff training bundle.
To prepare for auditing investments, auditors must understand such terms as interest rate swaps, put options, and embedded derivatives, as well as their associated risks.
Learn about the types of investments most commonly encountered and the terminology that goes with them.
Explore the risks and the risk assessment process surrounding investments, and the specific requirements of the auditing standards and common audit techniques used to mitigate those risks.
Objectives:
Learning Outcomes
- Identify the key concepts in accounting for investments and the common types of investments you will encounter.
- Identify basic processes, controls, and audit procedures over the investments process and identify weaknesses and possible solutions.
Major Topics:
Key Topics
- Accounting for investments
- Auditing investments
- Risk assessment
- Common audit procedures
- Documentation
Designed For:
Who Will Benefit
- Experienced staff
- New in-charge auditors