Surgent's Using the Work of a Specialist and Internal Audit

Overview

During the audit of the financial statements, an auditor will obtain evidence from many sources to support the account balances, transactions, and events that occurred during the period, as well as the financial statement disclosures. This course discusses the use of management’s specialists, the auditor’s specialists, inventory counting services, pricing services and internal audit. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 5.)

Highlights

Coming soon!

Prerequisites

None

Designed For

Accountants who have a basic level of audit experience

Objectives

• Identify the different types of specialists that can be used in a financial statement audit.
• Describe the role that internal audit can play in a financial statement audit.
• Identify the different roles that management specialists play and understand how auditors evaluate evidence obtained.
• Identify the procedures the communications between an auditor and an auditor’s specialist , the division of responsibility and the work to be performed by the auditor on information obtained.
• Describe the role that a pricing service can plan in a financial statement audit and how the auditor should test the information.

Preparation

None

Notice

This on-demand webcast can be taken at any time of your choosing and is valid for one year from the date of purchase. No live instructor is present, and an exam is required to earn credit. You must score 70% or higher to earn the certificate.

How do I access my Self-Study Package?

Visit https://www.surgentcpe.com/login and enter your username (your LCPA email address) and password. If you do not remember your password, press the "Forgot?" button to receive a password reset email. Once logged in, the page will refresh to display your account menu on the left side.