Course Individually
Course Description
Auditing – Considering Management Plans and OCBOA Reports is a CPE webinar that will review SAS numbers 59 and 62. This webinar will discuss the auditor’s responsibility in evaluating an entity’s ability to continue as a going concern. This webinar will review auditor’s considerations relating to management’s plan and its effective implementation. This webinar 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 webinar will review circumstances that require explanatory language in the auditor’s special report.
We provide a Subject Matter Expert (SME) to answer any questions you may have during this session. SMEs are available from 8am to 7:30pm Central Time. This course should only be taken during SME hours.
Learning Objectives
At the end of this webinar, 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 it 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: Group Internet Based
NASBA Field of Study: Auditing
Program Prerequisites: None
Advanced Preparation: None
Revision Date: March 24, 2023
