Financial Statement Auditing - Part 1
Adding Assurance to the Financial Statements
Internal Auditing,Financial Statement
Lectures -23
Resources -19
Duration -1.5 hours
Get your team access to 10000+ top Tutorials Point courses anytime, anywhere.
Course Description
Auditing is the next progression in the accounting curriculum. Auditors add value to the information prepared by the financial accountants because their work makes it more reliable and trustworthy. Whether you are going into the field of auditing or are just an investor wanting to know more about the auditors report you are reading and what goes into it, this course will help.
We learn about the core financial statements themselves, the types of evidence that an auditor will gather during their review, the standards they must follow, how they document their work, and how they ultimately communicate the results.
This course is for anyone who may have felt lost in prior auditing courses and wants real life examples and a down to earth explanation, rather than something read word-for-word out of a textbook. Is this you? Then you are in the right place!
This course is taught by an instructor with over twenty years of training experience, including corporate training, face to face instruction, and online course development. In addition to the lectures and study material common to many other courses, this course also has a downloadable textbook/study note file, along with downloadable Excel templates paired with a lecture walking through the solution once you are done. To test your knowledge of the basic concepts we also have quizzes after each section to make sure you feel comfortable with the topic before moving on to the next one.
At the end of this course, you will have a better understanding of the standards and processes of auditing. You will be able to pass that class!! Let’s get started!
Goals
What will you learn in this course:
After this course you should have a better understanding of the basic concepts of financial statement audits, including the standards, risks, and the different types of opinions. After this course you should be prepared for the additional detail in part 2.
Prerequisites
What are the prerequisites for this course?
No prerequisites are required for this course, as we start out at the ground level of auditing.
Curriculum
Check out the detailed breakdown of what’s inside the course
Overview of the Audit Profession and Standards
8 Lectures
- Study Notes - Need for Audit and Assurance Services
- Study Notes - Types of Audit and Assurance Services
- Study Notes - The Securities and Exchange Commission (SEC)
- Study Notes - The American Institute of Certified Public Accountants (AICPA)
- Study Notes - The Sarbanes-Oxley Act
- Study Notes - The Public Company Accounting Oversight Board (PCAOB)
- Study Notes - Certified Public Accounting Firms and CPAs
- Study Notes - Auditing Standards (GAAS vs. SAS)
Auditor and Management Responsibilities
4 Lectures
Ethics and Legal Liabilities
2 Lectures
Audit Planning and Risk Assessment
2 Lectures
Evidence and Sampling
3 Lectures
Fraud and Internal Controls
1 Lectures
Auditor Opinions and Communications
2 Lectures
Course Wrapup
1 Lectures
Instructor Details
Chris Severson
Course Certificate
Use your certificate to make a career change or to advance in your current career.
Our students work
with the Best
Related Video Courses
View MoreAnnual Membership
Become a valued member of Tutorials Point and enjoy unlimited access to our vast library of top-rated Video Courses
Subscribe nowOnline Certifications
Master prominent technologies at full length and become a valued certified professional.
Explore Now