2024 How to Audit Expenses and Payables

Overview

This course will serve as an introduction to conducting effective walkthroughs to gain an understanding of the client's transaction processes as well as identify internal controls within each process. This course will review the procedures, questions to ask, and documentation requirements of walkthroughs. It will also include real-world examples of the red flags that may arise while executing a walkthrough. 

Objectives

• Recall the audit assertions applicable to the expenses & payables balances
• Recognize risks & threats related to the expenses & payables balances
• Identify substantive auditing procedures that are used to obtain comfort over expenses & payables

Highlights

• Introduction to Auditing
• Expenses
• Assertions
• Risk Assessment

Designed For

Accounting professionals

Prerequisites

None

Preparation

None

Notice

Your webinar can be accessed via https://ctcpas.acpen.com/Account/loginhttps://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.