Audit 208: Audit Reporting Basics - Report Issuance Process
2.00 Credits
Member Price $89
Non-Member Price $109
Overview
Audit Reporting Fundamentals - Introducing Core Concepts in the Audited Financial Statement Drafting and Issuance Process will provide tips and techniques necessary for issuing and reporting on high-quality financial statements prepared under any applicable financial reporting framework. The ultimate objective of a financial statement audit is to issue an auditor’s report. Note: This course is recommended as a part of a 16-hour audit skills curriculum for experienced staff auditors, while it is also appropriate for anyone who has responsibilities for drafting and issuing audit reports. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Highlights
The major topics covered in this course include:
- Objective of financial reporting and Inter-relationships of financial statements and disclosures
- Special purpose framework financial statements and the impact on audits
- Types of audit reports, including reasons for modification
- Financial statement drafting and issuance process
- Performing a final quality control check before report release
Prerequisites
None
Designed For
Accountants who have responsibilities for drafting the financial statements and the auditor’s report
Objectives
Upon completion of this course, you will be able to...
- Identify the inter-relationship of basic financial statements and disclosures
- Recall the financial statement drafting and issuance process
- Perform a quality control check of draft financial statements
- Recall the key elements and variations of the auditor's report
- Recognize special considerations for financial statements prepared under a special purpose framework
Preparation
None
Leader(s):
Leader Bios
Jennifer Louis, Business Learning Institute
Jennifer F. Louis, CPA, has more than 18 years of experience in designing and instructing high-quality training programs. In 2003 she formed Emergent Solutions Group, LLC, serving organizations by providing training services on a project-specific or parttime basis.
Most recently, Ms. Louis was executive vice president / director of trainingServices at AuditWatch, Inc., a premier training and consulting firm serving the audit profession. She began her career at AuditWatch as vice president of product development. Before joining AuditWatch, Ms. Louis was the financial/operational audit manager at AARP.
Ms. Louis also was an audit manager for Deloitte & Touche LLP. During her years at Deloitte & Touche’s Washington D.C. office, she was a frequent local and national instructor. She also served as an
instructor for the firm’s national “Train the Trainers” program.
Non-Member Price $109
Member Price $89