Surgent's Preparing and Reviewing Client Prepared Financial Statements

Available Anytime
Location: Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
$89.00 Regular Price
Nonmembers
$119.00 Regular Price
Product Code: SU24-A2S6-SSWC
Level: Basic
Vendor: Surgent
Field of Study: Auditing

Overview:

The ultimate objective of a financial statement audit is to issue the independent auditor's report. This module discusses the process, introduces key elements of financial statements, and provides best practices for auditors who either prepare or review the client's financial statements. (Please Note: This module is part of Surgent's Audit Skills Training: Level 2.)

Objectives:

  • Explain the key elements and variations of the auditor’s report
  • Understand the appropriate treatment for accounting changes and error corrections
  • Discuss the basic financial statements, their key elements and required disclosures
  • Understand the Codification layout and be able to perform research on presentation and disclosure issues that arise
  • Use a framework to prepare or review client prepared financial statements
  • Identify best practices for financial statement preparation or review of client prepared financial statements.

Major Topics:

  • Objective of financial reporting
  • Inter-relationships of financial statements and disclosures
  • Accounting changes
  • Financial statement preparation and review process
  • Best practices for financial statement preparation and review

Designed For:

Accountants who have responsibilities for drafting financial statements or reviewing client prepared financial statements.

Prerequisite:

None

Additional Info:

You will receive an email from [email protected] with instructions on how to log onto your course shortly.  If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.