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Surgent's Surging Auditors: Wally's Warehouse Download

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Member Price: $49.00 Non-Member Price: $64.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Auditing: 1.00
Fields of Study:: Auditing
Level:: Basic

During this interactive game, participants take the role of an auditor performing a physical inventory observation at a client's warehouse. Participants will have the opportunity to use their powers of observation and exercise professional skepticism in identifying areas of risk that might need follow-up, interviewing Wally the client, and performing inventory test counts. After performing the test counts, participants will evaluate the results.

Objective

Use your powers of observations and exercise professional skepticism to identify issues related to the physical inventory observation
Identify high value questions to ask the client prior to performing the test counts
Perform procedures to test the existence, completeness, and accuracy of the physical inventory count
<span data-contrast="auto" xml:lang="EN-US">Evaluate the results obtained from the test counts performed

Highlights

Observation and professional skepticism
Interviewing the client
Performing test counts
Evaluating the results obtained

Designed For

Accounting professionals new to taking inventory observations

Prerequisite

None

Advanced Preparation

None