Please note: This course must be completed by Tuesday, December 31, 2024 at 11:59 pm ET. Please complete the course AND submit credit before the deadline. Save a copy of your Certificate of Completion for your records. Once submitted, your CPE hours will also reflect in your official CPE transcript. AU-C Section 315 requires the auditor to gain an understanding of the entity and its environment and the entity’s internal controls in order to design appropriate audit procedures. This course will review the key requirements of COSO, which is one of the most widely used internal-control frameworks. We’ll also review the limitations of internal controls. Additionally, this course will introduce the risk-assessment process and the various audit procedures to evaluate controls and to determine whether to test the operating effectiveness of controls.
Event Level: Basic
Who Should Attend: New CPAs in Public Practice
Required Knowledge: None
Advanced Preparation: None
Vendor: Galasso Learning Solutions
Speaker: Jaclyn Veno