Course Individually
Course Description
Compliance Audits is a CPE course that will discuss audit compliance requirements and the utilization of risk assessment procedures. This course will review compliance in reporting and documentation as defined by SAS No. 117. This course will discuss the auditor’s responsibility in relation to other information in documents containing audited financial statements and the audit report. This course will discuss the auditor’s role when material inconsistencies are identified. This course will identify the auditor’s responsibility for financial and nonfinancial information and review the procedures necessary to determine whether supplementary information is fairly stated. Finally, this course will review required supplementary information procedures and reporting guidelines.
NOTE - This is a Video Self-Study Course
Learning Objectives
At the end of this course, students will be able to:
- Identify audit compliance requirements and the utilization of risk assessment procedures.
- Identify compliance in reporting and documentation as defined by SAS No. 117.
- Recognize the auditor’s responsibility in relation to other information in documents containing audited financial statements and the audit report.
- Recognize the auditor’s role when material inconsistencies are identified.
- Identify the procedures necessary to determine whether supplementary information is fairly stated.
- Recognize required supplementary information procedures and reporting guidelines as defined by SAS No. 120.
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 17, 2023
