Auditing Journal Entries
Author: James F. Green, CPA
| CPE Credit: |
2 hours for CPAs |
This interactive course introduces you to guidance on auditing journal entries and adjustments, as well as related controls, as set out in auditing standards of the Public Company Accounting Oversight Board (PCAOB) and the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA).
Note: This course does not contain audio.
Publication Date: December 2016
Designed For
Professionals involved in financial audits.
Topics Covered
- Journal entries
- Fraud controls
- Role of management
Learning Objectives
- Describe the nature of journal entries and adjustments.
- Explain the susceptibility of journal entries and adjustments to fraud.
- Cite the role of management override of controls in fraud.
- List factors to consider in designing and carrying out substantive tests of journal entries and adjustments and tests of related controls.
- Recap PCAOB staff inspection findings related to auditing journal entries and adjustments.
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Auditing (2 hours)
Program Prerequisites
None
Advance Preparation
None
