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Auditing Inventory

 
 
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Registration is Open
VSCPA Members
$89.00 Regular Registration
Non-members
$109.00 Regular Registration
Designed For:

Recently onboarded staff
First-year staff
Firms that want consistent training and level setting

Prerequisite:

None

The inventory account balance is typically as large as or larger than accounts receivable. Understanding not only the types of products your client manufactures but also what goes into making the products is fascinating and indispensable to identifying risk of material misstatement. It is essential to understand how a company makes its money to effectively perform an audit. At the core of this understanding is knowing what goes into products and how the products are assembled.

By examining inventory costing, observations, and other necessary audit procedures, this CPE course provides the knowledge necessary for a new staff member to successfully audit inventory.

Course provided by AICPA

Delivery Method: Self Study
CPE Credit: Auditing
Program Level: Basic

Related Events

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.