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Auditing Opinions: Understanding the Fundamentals from Standards to Reports, Pt. 2 

On Demand

With corporate scandals ushering in the 21st century and the recent economic downturn, the role of the auditor has taken on heightened significance in today's corporate world. In this two-part course, participants will obtain the necessary background and skills to conduct audits in accordance with Generally Accepted Auditing Standards (GAAS) and fairly present statements in accordance with Generally Accepted Accounting Principles (GAAP).

Learning Objectives:
In the second of this two part course you will review the role of the auditor and the importance of the audit function. At the conclusion of this session you will be able to:

  • Compare and contrast the various types of audit opinions (Adverse and Disclaimer), the conditions and events that support the various types of audit opinions, and the auditors responsibility
  • Define the auditor's responsibility when issuing an opinion on comparative financial statements
  • Events occurring after year-end:
  • Compare and contrast Type I and II events and the associated impact on financial reporting
  • Define the auditors responsibility
  • Reporting on other information:
  • Outline the various types of client prepared information that may accompany the basic financial statement
  • Define the auditor's responsibility
Delivery Method:
Self-Study

View course demo >>

Program Level:
Intermediate

Final Examination:
To receive CPE credit, NASBA requires that the final Examination be successfully completed within one year from the date of purchase.

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  • Instructor(s): Timothy F. Gearty, CPA, MBA, JD
  • Format: On Demand
  • Field of Study: Auditing
  • Credits: 2
  • Price: $150.00
  • Prerequisites: Auditing Opinions: Understanding the Fundamentals from Standard to Reports, Part 1
  • Advanced Preparation: 
  • Course Level: