Event Description

External auditors understand concepts like materiality, reasonableness, and risk of material misstatement. This course will explain how to think like an auditor when preparing and fairly presenting your financial statements and related disclosures.

Objectives

Describe important judgments made by the auditor in providing reasonable assurance about whether financial statements are materially misstated due to fraud or errorExplain how to apply subjectivity, materiality and other critical aspects of professional judgment when preparing financial statements and related disclosuresApply illustrative examples to explain how judgment can be appropriately applied in reliable financial reporting