MenuClose
 Log Out
Cart 0 items
Site Search
Course Search

Surgent's Testing Internal Control and Reporting Deficiencies

 Currently available
 
2.0
26 / S-60025
Registration is Open
Member Price
$89.00 Regular Registration
Your Price
$93.00 Regular Registration
Designed For:

Accountants who have responsibility for evaluating the design and operating effectiveness of controls in a financial statement audit

Prerequisite:

Familiarity with auditing and accounting and reporting standards

The risk assessment process requires the auditor to understand internal controls over financial reporting and report deficiencies to management and those charged with governance as defined by professional standards. Auditors may be also required or decide to test internal controls for effectiveness. This module builds on the previous module on internal control extending the participant's skills to effective and efficient testing of internal controls and communicating deficiencies. (Please Note: This module is part of Surgent's Audit Skills Training: Level 3.)

Delivery Method: On-Demand Webcast
CPE Credit: Auditing
Program Level: Intermediate

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Explain the professional standards related to and rationale for understanding and testing internal controls
  • Discuss the professional standards related to testing controls for operating effectiveness
  • Illustrate the appropriate level of linkage between the work performed in testing internal controls, control reliance and reporting on internal controls
  • Identify impact of a control reliance strategy on the detailed audit plan

Advanced Preparation

None

Vendor

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.