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Overview of Financial Reporting

 Currently available
21 / S-90308
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Member Price
$89.00 Regular Registration
Your Price
$109.00 Regular Registration
Designed For:

Experienced in-charge auditors and audit seniors

In a perfect world, your client would hand you a set of full financial statements, including an accurate and complete set of disclosures, when you walk in the door the first day to start audit fieldwork. The client would have a system in place to prepare the financial statements, providing for adequate segregation of duties, and a review process. These individuals would, of course, have the technical skills to understand the nuances of financial statements and related footnotes. Well, as we all know, the world is far from perfect.

This CPE module will review the necessary components of financial statements prepared under generally accepted accounting principles (GAAP), and the risk assessment process as applied to financial statement presentation and disclosure. This will include the types of controls that you might encounter if the client self-prepares the financial statement or if the financial statements are prepared by the auditor. Finally, the effect of special purpose frameworks when encountered will be reviewed.

Delivery Method: Self-Study
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 AICPA.

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.