Log Out

Auditing Property, Plant and Equipment

 
 
1
Registration is Open
VSCPA Members
$79.00 Regular Registration
Non-members
$99.00 Regular Registration
Designed For:

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

Prerequisite:

None

The basic accounting for property, plant, and equipment is fairly straightforward, but you have to be alert for unusual or complex transactions, such as exchanges, capitalized interest, or sale-leasebacks. Do you actively look for events or changes in circumstances that indicate an asset may be impaired? Do you communicate with other audit team members about possible signs of impairment they might have observed in their audit areas? Do you carefully scrutinize the underlying documentation for fixed assets to be sure that the costs should be capitalized and not expensed?

After completing this CPE course, you will able to answer yes to all of these questions. In addition, this course will teach you tips for making the preparation of the tax return as efficient as possible. When performing your audit work, you'll make sure you gather all the information necessary to complete the related tax return areas. Through interactive exercises and case studies, you'll practice applying the effective and efficient procedures contained in this course when auditing fixed assets.

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.