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Auditing Accounts Receivable—Focusing Procedures for Testing Existence & Valuation

Online

# of CPE Credits

2

Description

Please note: This course will expire on Wednesday, April 30, 2025 at 11:59 pm ET. Please complete the course AND submit credit before the deadline. 
For licensing purposes, all CPE applies to the calendar year in which a course was taken and completed.
Save a copy of your Certificate of Completion for your records. Once submitted, your CPE hours will also reflect in your official CPE transcript. 
 
Once submitted, your CPE hours will also reflect in your official CPE transcript.  Accounts receivable tends to carry higher risk of material misstatement due to the complexity and subjectivity involved with initial recognition, subsequent measurement, and valuation. In addition, revenue recognition is presumed to be a significant fraud risk. This module will explain tips and best practice techniques for auditing common accounts receivable risks, primarily focusing on existence and valuation.

Event Level: Basic
Who Should Attend: Anyone who performs audits
Required Knowledge: None
Advanced Preparation: None
Vendor: Emergent Group, LLC
Speaker: Louis, Jennifer

Objective

* Identify typical audit risks and special audit considerations related to accounts receivable * Explain how to tailor a detailed audit plan to assessed risk of material misstatement * Evaluate external confirmation responses for propriety * Evaluate allowance for doubtful accounts for proper valuation

Credit Types

  • Auditing: 2

Event Speaker(s)

Jennifer Louis

Event Level:Basic
Event Code:OD002524
Event Vendor:Emergent Solutions Group, LLC
Fields of Study:Auditing
Tags:New Course, 2 hour
Other fields:
  • Yellowbook

Registration Fees

RegistrationTypePrice
On Demand (2 hours)Members$100.00
On Demand (2 hours)Non Members$225.00


CPE Sponsors LogoThe North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.

For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.