Vermont Society of Certified Public Accountants
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Surgent's How to Do a GAAS Audit (GAAS)

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Member Price: $0.00
Non-Member Price: $0.00

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Date/Time:
Nov 19, 2019, 9:00am–5:00pm
Developer:
SURGENT MCCOY SELF-STUDY CPE, LLC
Level:
Intermediate
In arriving at and providing an opinion on the financial statements, auditors follow approximately 1,000 pages of generally accepted auditing standards (GAAS)! It takes a great deal of effort and energy to keep up with the current requirements. Designed for everyone in the firm, this course will replenish your tank with a deep understanding of GAAS needed to fuel high-performance audits under today's standards. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of today's GAAS.

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 auditors

Prerequisite

Basic audit knowledge

Advanced Preparation

None
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