Early Bird Fees (through 11/11)
After 11/11, add $50 to your fee.
CPE: 8 hours
Category: Accounting & Auditing
Prerequisites: Minimum to intermediate level of auditing experience.
Advanced prep: None
Who should attend: Professional staff with responsibility for performing audit engagements.
Recent audit failures have not been the result of insufficient auditing standards! Why do auditors sometimes fail to pursue the obvious? How do auditors’ belief systems affect audit evidence? What can auditors learn from the scientific method? Becoming a better auditor means learning to make better inquiries, apply professional skepticism and critical thinking to audit evidence obtained, and recognize that anything is possible.
The material includes a detailed review of AU-C Section 5-1, Audit Evidence. Specific topics covered:
We, the jury
Audit evidence and professional skepticism
Oral audit evidence – inquiry
Physical and documentary evidence – observation, inspection and confirmation
Computational, historical and global evidence – analytical procedures, recalculation, reperformance, experience and overall knowledge