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.
Holly Hawk is a Lecturer within the Terry College of Business at the University of Georgia. She has a Bachelors in Business Administration with a concentration in Accounting & Technical Communications from Mercer University and a Masters of Accountancy with a concentration in Audit from the University of Georgia. She is currently in process of getting her Ph.D. in Higher Education from the University of Georgia, as well. Her research interests include student engagement within academic programs, with a focus on student learning approaches as well as teaching pedagogy. Holly is also a graduate of the American Institute of CPA’s (AICPA) Leadership Academy. Holly has worked at Pricewaterhouse Coopers and TD Bank within the Audit departments and was also an adjunct lecturer at Clemson University. At Clemson, she taught Introductory to Financial Accounting, Managerial Accounting, Contemporary Reporting & Management Control Systems, Cost Accounting, and Lean Six Sigma courses. At the University of Georgia, she teaches a variety of courses at the undergraduate and graduate accounting level, including: Accounting Systems II, Accounting Systems Foundations and Financial Reporting Analysis. She has also previously taught Auditing, Risk Assessment and Control. In addition, Holly previously served on the South Carolina State Society of CPAs Accounting Careers & Academic Relations Committee and currently serves as the Chair of the AICPA Student Recruitment Committee, where she focuses on ways to continually encourage and support the recruitment of talented students to become CPAs.
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