Auditing Prepaid Expenses

$29.00

This course will be an overview of:

  • The audit risks associated with prepaid expenses and how to assess those risks
  • Areas for internal control weaknesses within the prepaid expense process
  • Audit procedures used to identify and value prepaid expenses
  • Financial statement presentation and disclosure requirements

Field of Study:
Auditing
Instructor(s):
Holly Hawk
Credit(s):
1.50
Course Format:
On Demand
Prerequisites:

None

Course ID:
9990/11014
Delivery Method:
Audio
Knowledge Level:
Basic
Advanced Preparation:

None

Publication Date:
01/23/2020
Planned Expiration:
03/30/2021
Provider:
Becker Professional Education
Learning Objectives:

After completing this course, the learner should be able to:

  • Define prepaid expenses and understand basic accounting requirements.
  • Perform a risk assessment over prepaid expenses.
  • Assess the internal control structure surrounding prepaid expenses.
  • Perform substantive audit procedures to identify and test prepaid expenses.
  • Understand required financial statement disclosures for prepaid expenses.

Auditing Prepaid Expenses

$29.00

This course will be an overview of:

  • The audit risks associated with prepaid expenses and how to assess those risks
  • Areas for internal control weaknesses within the prepaid expense process
  • Audit procedures used to identify and value prepaid expenses
  • Financial statement presentation and disclosure requirements

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823