Date(s):

06/06/2014

Registration Open:

8:00 AM - 8:30 AM

Time:

8:30 AM - 4:30 PM

Meeting Type:

Courses

CPE Credit:

8.00

Field(s) Of Study:

Auditing (8.00)

Level of Knowledge:

Intermediate

Price:

Member: $235.00
Nonmember: $320.00

Individual Discounts:

$30.00 discount applicable for AICPA members.

Group Discounts:

Not Available

Overview

Workpapers are the building blocks of an audit. If it’s not in the
workpapers, the manager and partner might not know about it or consider
its ramifications. A badly prepared workpaper is a time-waster for
managers and partners, so training in proper workpaper preparation is
critical. Make this course part of the firm’s quality control system. Learn
the fundamentals of workpaper preparation – form and content – to make
sure everything is properly documented. You will also explore examples
which show field work supervisors what factors to consider and what
steps to follow when reviewing workpapers. In addition, typical workpaper
deficiencies are explained to help minimize potential liability.

  • Apply basic standards regarding workpaper documentation and
    proper workpaper technique.
  • Identify the tasks in supervisory-level reviews of workpaper
    documentation for audit engagements necessary to ensure
    compliance with current professional standards.

Highlights

  •  Essential components of a workpaper
  •  Preparing and maintaining workpapers
  •  Different types of workpapers
  •  Documenting audit tests
  •  Improving workpaper technique
  •  Conducting the review
  •  Common shortcomings of working papers
  •  Reviewing analytical procedures

Speaker(s)