Experienced In-Charge/Senior - Auditing Estimates and Fair Value
Available Anytime
Location:
Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$139.00 Regular Price
Product Code: AI23-ASE4-EST
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Auditing
Overview:
This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - Experienced In-Charge/Senior training bundle.
Foundations
Gain a foundation for properly addressing auditing estimates and fair values.
Understand some of the important requirements and perspectives in these challenging areas.
Special topics
Analyze special topics regarding estimates and fair value measurements, such as credentials of specialists, written representations, disclosures, and estimates in revenue recognition.
Finally, obtain an understanding of the importance of considering estimates in revenue recognition
Objectives:
Learning Outcomes
- Identify the required audit practices and procedures to meet GAAS requirements.
- Identify select accounting and auditing challenges relating to estimates and fair value measurements
- Identify how to assess misstatements of entity estimates.
- Analyze special topics regarding estimates and fair value measurements, such as credentials of specialists, written representations, disclosures, and estimates in revenue recognition.
- Identify common auditing deficiencies around estimates and fair value measurements.
- Identify specific audit considerations regarding estimates and fair value measurements regarding revenue recognition.
Major Topics:
Key Topics
- GAAS requirements for auditing estimates and fair value
- Auditor bias when auditing estimates and fair value
- Challenging concepts in fair value accounting and auditing
Designed For:
Who Will Benefit
- Experienced in-charge auditors
- Audit seniors
- Firms that want consistent training and level setting