DESCRIPTION

This module focuses on common deficiencies and comments from external quality review sources such as peer reviewers and the PCAOB in areas including risk assessment, analytical procedures over revenue, internal control testing, auditing estimates, and audit documentation. Throughout the module, the instructor will provide examples of situations where these comments may occur in practice, use group discussion to link the concepts back to participants’ own experiences and provide insights as to how teams can avoid each type of audit deficiency.

LEARNING OBJECTIVES

  • List five common audit deficiencies noted in external quality review inspections
  • Describe and utilize strategies for avoiding similar comments

Prerequisites

5+ Years Professional Experience

Advanced Preparation

None

INQUIRE ABOUT THIS COURSE

Inquire Now