In this course you will:
- Gain understanding of the accounting system necessary
to plan your procedures related to purchases, payables, and accrued expenses.
- Learn about the possibilities of using audit data analytics for improved
quality and efficiency.
- Gain understanding that accounting for accounts payable and accrued expenses is typically straightforward and centered on when to recognize a liability.
Through an interactive case study, practice the critical substantive test and be able to assess whether your search for unrecorded liabilities is thorough enough to gain assurance that material unrecorded liabilities have been detected.