Objective
- Save time on audit engagements by understanding where the auditor’s responsibilities start and stop under today’s requirements
- Proficiently perform audits through an increased knowledge of how the various sections of GAAS interrelate to each other
- Skillfully apply the requirements used by auditors on a daily basis
Highlights
- How today’s GAAS is organized into seven facets of an audit (i.e., general principles and responsibilities; risk assessment and response to assessed risks; audit evidence; using the work of others; audit conclusions and reporting; special considerations; and special considerations in the United States)
- Key terminology used in the audit process
- Important considerations, determinations and requirements that pertain to each of the seven facets of an audit
- How the theory in today’s GAAS translates to the real world
- Answers to frequent questions that arise in the application of GAAS
Designed For
All auditorsPrerequisite
Basic audit knowledgeAdvanced Preparation
None