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Audits of Group Financial Statements ON DEMAND

Available Until

Your Desk

1.0 Credits

Member Price $29.00

Non-Member Price $33.00

Overview

This course covers the procedures and activities required by auditors under AU-C Section 600, Special Considerations - Audits of Group Financial Statements (Including the Work of Component Auditors). You’ll learn the responsibilities of the various auditors on the engagement team and strategies to use when performing a group audit, which are essential for these types of audits. You’ll come away with a firm grasp of the requirements of AU-C 600 and a clear picture of what is needed from your auditors.

Highlights

Audits of Group Financial Statements. Key Issues Related to Group Audits. The Audit Process.

Prerequisites

None.

Designed For

CPAs, controllers, accountants, financing professionals, business owners, and managers.

Objectives

Cite the requirements of AU-C Section 600, Special Considerations - Audits of Group Financial Statements (Including the Work of Component Auditors). Identify group audit strategies. Identify group auditor responsibilities when referring to component auditors’ reports in a group audit report.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Larry Perry, AICPA In-House Training

With 40 years’ experience as a CPA, Larry is a nationally-known author of accounting and auditing manuals, a professional continuing education instructor and author, and a consultant to CPA firms. Larry practices in Colorado Springs, Colorado and has served primarily small business, religious and small non-profit organizations and other nonprofit organizations. Larry is co-founder of CPA Firm Support Services, LLC, an organization dedicated to meeting the needs of small to medium-size CPA firms. He is currently developing audit guides and practice aids for use on very small audits that comply with the risk assessment standards and, at the same time, create efficiencies by reducing the volume of forms, checklists and working papers.

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Non-Member Price $33.00

Member Price $29.00