Compliance Audits – Self Study Course

Current Status
Not Enrolled
Price to Purchase
Course Individually
$17.98

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.

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: April 6, 2021