Audit Reporting Fundamentals - Introducing Core Concepts in the Audited Financial Statement Drafting and Issuance Process

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Audit Reporting Fundamentals - Introducing Core Concepts in the Audited Financial Statement Drafting and Issuance Process

Learning Objectives

To discover and discuss the inter-relationship of basic financial statements and disclosures.
To explore the financial statement drafting and issuance process.
To identify and perform a quality control check of draft financial statements.
To explore the key elements and variations of the auditor’s report.
To discover and describe special considerations for financial statements prepared under a special purpose framework.

Course Description

The overall objective of financial reporting is making smart long-term economic decisions and taking key judgment calls, while the ultimate objective of a financial statement audit is to issue an auditor’s report. The audit report is a primary source of communication between the auditors and users of the financial statements. These users include shareholders, lenders, creditors, other potential investors, etc. For maintaining their confidence in the operations and reporting of the business, an independent expert’s opinion on the financial statements through an audit is very crucial.

The webinar discusses fundamental aspects of audit reporting. The speaker covers core concepts in drafting Audited financial statements from the relationship of the financial statements, types of audit reports, issuance process, and ensuring the quality of the audited financial statements. The webinar also covers special considerations for financial statements prepared under a special purpose framework that guides the new auditors.

This Online Continuing Education webinar covers the following Major Topics:

The objective of financial reporting and Inter-relationships of financial statements and disclosures
Special purpose framework financial statements and the impact on audits
Types of audit reports, including reasons for modification
Financial statement drafting and issuance process
Performing a final quality control check before the report release

This online webinar on Auditing provides tips and techniques necessary for issuing and reporting on high-quality financial statements prepared under any applicable financial reporting framework.

Webinar Qualifies For

2 CPE Credit of Auditing for Certified Public Accountants (CPA-US)
2 General Credit of Auditing for Accountant/Bookkeeper/Tax Professionals
2 CPE Credit of Internal Auditing for Certified Internal Auditors (CIA)
2 CPE Credit of Auditing for Certified Fraud Examiner (CFE)
2 CPE Credit of Auditing for Certified Management Accountants (CMA)
2 CPE Credit of Auditing for Certification in Risk Management Assurance (CRMA)
2 CPD Credit of Auditing for Certified Financial Forensics (CFF)
2 CPE Credit of Auditing for Certified Government Financial Manager (CGFM)
2 CPE Credit of Auditing for Certified Government Auditing Professional (CGAP)
2 CPE Credit of Auditing for Internal Audit Practitioner (IAP)
2 CPE Credit of Auditing for Certified Internal Controls Auditor (CICA)
2 CPE Credit of Auditing for Qualification in Internal Audit Leadership (QIAL)
2 CPE Credit of Auditing for Iowa Licensed Public Accountant (IA-LPA)
2 CPE Credit of Auditing for Maine Licensed Public Accountant (ME-LPA)
2 CPE Credit of Auditing for Delaware Licensed Public Accountant (DE-LPA)
2 CPE Credit of Auditing for Certified Controls Specialist (CCS)

About Instructor

Jennifer Louis, CPA (US)

President, Emergent Solutions Group LLC

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys.

Additional Information

Duration

2 Hours

Course Level

Basic

Instructional Method

Group Internet Based

Pre-requisites

None

Advance Preparation

None

FAQ’s

Click Here to View

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

Ratings and Review

4.7

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Lori Mitchell, CPA (US)

It is always good to review to refresh. The presentation was great. The examples describing how to properly review/create FS was excellent. In order for the FS to be informative, the details must be accurate, well organized and complete.

Linda Bontempi, CPA (US)

This was great webinar. Wish I had taken this a few years ago, when I was starting FS work.

Lisa Robinson, CPA (US)

the instructor for this course was very knowledgeable and a good presenter

Hannah Mcwilliams, CIA

Wonderful presenter - Very informative and great examples

Donna Jackson, CPA (US)

Great information as usual and very relevant to my job.

2 Credits

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Subject Area

Auditing

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Audit Reporting Fundamentals - Introducing Core Concepts in the Audited Financial Statement Drafting and Issuance Process

Course Details

Learning Objectives

Course Description

Qualifies for

Webinar Qualifies For

Presenter Details

About Instructor

Jennifer Louis, CPA (US)

Other Details

Additional Information

2 Hours

Basic

Group Internet Based

None

None

FAQ’s

NASBA APPROVED

Ratings and Review

4.7

Lori Mitchell, CPA (US)

Linda Bontempi, CPA (US)

Lisa Robinson, CPA (US)

Hannah Mcwilliams, CIA

Donna Jackson, CPA (US)

Subject Area

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