Description: Audit failures are not the result of insufficient auditing standards! Why do auditors sometimes fail to pursue the obvious? How do auditors’ belief systems affect audit evidence? What can auditors learn from the scientific method? Becoming a better auditor means learning to make better inquiries, apply professional skepticism and critical thinking to audit evidence obtained, and recognize that anything is possible. The material includes a detailed review of AU-C Section 500, Audit Evidence. Specific topics covered:
Experience/Prerequisites: Minimum to intermediate level of auditing experience.
Who should attend: Professional staff with responsibility for performing audit engagements.
Recommended CPE credit: 8 hours
Acronym: AEUA
- Applicable AICPA standards revisions
- We, the jury
- Audit evidence and professional skepticism
- Audit evidence - inquiry
- Audit evidence - observation, inspection and confirmation
- Audit evidence - analytical procedures, recalculation, reperformance, experience and oveall knowledge