This CPE course can be purchased individually or as part of the Audit Staff Essentials - Experienced Staff/New In-Charge staff training bundle.
To prepare for auditing investments, auditors must understand such terms as interest rate swaps, put options, and embedded derivatives, as well as their associated risks.
Learn about the types of investments most commonly encountered and the terminology that goes with them.
Explore the risks and the risk assessment process surrounding investments, and the specific requirements of the auditing standards and common audit techniques used to mitigate those risks.