Customer Service: 800-778-7436     

To access your product click the Log In link at the top right of the screen. Once inside your account, you will be able to access your Packages, Self-Study Product, and Webinar Registrations.

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Audit Skills Training: Level 1 – New Auditors- Consecutive 2-Day Course (1AUD)

  • Format In-Firm Training
  • Credits 8
  • Level Basic
  • Field of Study Auditing (Technical) (6), Regulatory Ethics (Technical) (2)

To Schedule In-Firm Training, please contact us:

salesinfo@surgent.com

Overview

Level 1 focuses on the basic skill sets that new staff need to quickly master in order to “hit the ground running,” while not overwhelming them with too much information all at once. This course explains the basics of what new auditors are expected to know and do, including the nature, timing, and extent of common audit procedures. This course will focus on “why” certain procedures are performed, as well as “how” to perform typical procedures expected of new staff. This course is critical in establishing the groundwork for the expectation that all staff should critically analyze and understand the underlying purpose of procedures, as well as how to effectively and efficiently complete assigned tasks.

Major Topics

Each module includes a lecture followed by in-class group case studies and activities. In this two-day course, the following two-hour modules will be presented:

  • Day 1:
    • Code of conduct: Transitioning to the professional world
    • Traits of a star performer: Desired traits of entry-level auditors
    • Fraud risk considerations: The importance of professional skepticism
    • Compilations and reviews: The contrasting nature of compilations, reviews, and audits
  • Day 2:
    • Audit documentation and review: Audit documentation basics
    • Risk-based audit concepts: The basic audit concept
    • Internal controls: Internal control fundamentals in evaluating the design of internal control
    • Cash: Auditing cash and cash equivalents



         

Learning Objectives

  • Describe the most critical elements of the Code of Professional Conduct, including professional skepticism and independence
  • Understand the most desired traits of an entry-level auditor
  • Discuss the primary difference in a financial statement auditor’s responsibilities compared to other services, such as compilations and reviews
  • Explain the components of audit risk, which are necessary to reduce the risk that a financial statement auditor issues the wrong opinion
  • Be familiar with the results of the numerous case studies, exercises, and illustrations that reinforce key learning points throughout the course

Who should take this course:


New auditors with limited practical experience on audits

Basic

None

None

No

No

No

loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:


Loading...

QAS Approval Surgent IRS Approval Surgent CFP Approval Surgent CTEC Approval Surgent
CPE Webinars
CPE Webinars

Thank You!

Thank You! Your subscription has been submitted.