Audit 407: Auditing Contingencies and Going Concern (C61951)

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Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

04/23/2024

Registration Open:

12:00 AM - 9:30 AM

Time:

9:30 AM - 11:30 AM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Auditing (2.00)

Level of Knowledge:

Basic

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

After attending this presentation, you will be able to...

  • Recognize accounting and auditing requirements for commitments and contingencies
  • Identify litigation, claims and assessment special considerations
  • Recall the auditor's responsibility for evaluating the appropriateness of going concern accounting and disclosure

Highlights

The major topics covered in this course include:
  • Overview of contingencies and related disclosures
  • Identifying and determining proper accounting treatment for litigation, claims and assessments
  • Evaluating the sufficiency of attorney's letter responses for audit evidence
  • Evaluating substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time
  • Auditing managements assumptions in making the going concern evaluation
  • Proper application of the liquidation basis of accounting

Speaker(s)

Prerequisites

None