Back to Basics: The Fundamentals of Auditing
Description: This course provides an overview of the basic skills essential to performing an audit in accordance with generally accepted auditing standards.
Experience/Prerequisites: Minimum to advanced level.
Who should attend: Partners and managers responsible for planning and supervision of engagements, as well as staff persons conducting them.
Recommended CPE credit: 8 hours
Acronym: TFOA
- Pre-engagement activities
- Understanding the entity, its environment and internal controls
- Identification and assessment of risk
- Designing procedures consistent with assessed risks
- Evaluating evidence for sufficiency and appropriateness
- Audit documentation