Deep Dive into Common Auditing Deficiencies

Overview

This course will review common deficiencies identified by the AICPA and state boards of accountancy. It features discussion on a variety of topics, including analytical procedures, sampling, group audits, and risk assessment. We will review the areas of concern and how you can overcome them by employing best practices.

Objectives

• Identify common audit deficiencies
• Identify proper methods of performing risk assessment and analytical procedures
• Recall best practices for audit sampling and group audit
• Recognize changes to auditing standards for group audits and risk assessment

Highlights

• Auditing
• Yellowbook
• GAAS