Course Individually
Course Description
Auditing – Considering Management Plans and Special Reports is a CPE course that will review SAS numbers 59 and 62. This course will discuss the auditor’s responsibility in evaluating an entity’s ability to continue as a going concern. This course will review auditor’s considerations relating to management’s plan and its effective implementation. The course will define comprehensive basis of accounting other than GAAP which may be used for preparation for financial statements as outlined in SAS No. 62 and discuss what should be included in financial statements prepared in conformity with OCBOA. Finally, this course will review circumstances that require explanatory language in the auditor’s special report.
NOTE - This is a Video Self-Study Course
Learning Objectives
At the end of this course, students will be able to:
- Identify the auditor’s responsibility in evaluating an entity’s ability to continue as a going concern.
- Recognize the auditor’s considerations relating to management’s plan and its effective implementation.
- Recognize what should be included in financial statements prepared in conformity with OCBOA.
- Recognize the circumstances that require explanatory language in the auditor’s special report.
CPE Credits: 2 CPE for CPAs
Level: Intermediate
Instructional Method: Self-Study
NASBA Field of Study: Auditing
Program Prerequisites: None
Advanced Preparation: None
Revision Date: March 16, 2023
