Auditing in Volatile Times – On Demand Webinar

Current Status
Not Enrolled
Price to Purchase
Course Individually
$59.99

Course Description

Auditing in Volatile Times is a CPE webinar that will discuss key areas in which an auditor should focus to deal with volatility in the business climate. This webinar will describe how to compute the four working capital ratios on which an auditor should focus. This webinar will list the common pitfalls that continue to expose accountants to loss in litigation and identify the top ten actions to minimize the risk of being sued. This webinar will provide suggestions on how a firm can reduce time and increase audit efficiency in an audit engagement. This webinar will discuss the auditors’ responsibility for subsequent events and describe the requirements that should be followed in a re-audit engagement. Finally, this webinar will describe to requirements of SAS No. 84 in changing auditors.

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 key areas in which an auditor should focus to deal with volatility in the business climate.
  • Recognize the four working capital ratios on which an auditor should focus.   
  • Identify the common pitfalls that continue to expose accountants to loss in litigation.
  • Identify the top ten actions to minimize the risk of being sued.
  • Recognize the auditors’ responsibility for subsequent events.
  • Identify the requirements that should be followed in a re-audit engagement.

CPE Credits: 3 CPE for CPAs

Level: Intermediate

Instructional Method: Group Internet Based

NASBA Field of Study: Auditing

Program Prerequisites: None

Advanced Preparation: None

Revision Date: April 6, 2021