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Auditing remotely: Using current technologies, techniques and methodologies to ensure proper audits during Covid-19 pandemic

  • CPA (CA)
  • CFE
  • CIA
  • CPA (US)
  • IAP
  • QIAL
Auditing remotely: Using current technologies, techniques and methodologies to ensure proper audits during Covid-19 pandemic

2 Credits

$20

Subject Area

Auditing

Webinar Qualifies For

2 CPE credit of Auditing for all CPAs

2 CPE credit for Certified Internal Auditors (CIA)

2 CPD credit (Verifiable) for Canadian CPAs

2 CPE credit for Internal Audit Practitioner (IAP)

2 CPE credit for Certified Fraud Examiners (CFEs)

2 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

2 CPD credit (Verifiable) for Certified Information Technology Professionals (CITP)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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Basic Concepts of Fixed Asset Accounting

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Real Estate Tax Strategies: Cost Recovery, Partial Dispositions, Removal Cost, Int. Deductions, Repairs & Capital Improvements

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The Structure and Organization of the IRS

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Federal Tax Update – Individual & Business Current Developments

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IRS Form 1099 Reporting Req. including updates on FORM 1099-NEC (LATEST 2021)

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This Course is Also Available in Self Study (On-Demand)

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Course Description

The Covid-19 pandemic has had a profound effect on the world.  As economies attempt to bounce back from the financial crisis, companies have had to adjust to a new way of doing business. Social distancing and government regulations have caused companies to work virtually and have limited on-site employee presence.  Essential businesses have incredible regulations regarding safety that may cause there to be no outside visitors allowed on the premises. As a result, auditors need to develop new techniques, using current technologies to perform required audit procedures.

A remote audit, also known as virtual audit, is the method of conducting an audit remotely, using electronic methods such as video conferencing, email and telephone to obtain audit evidence, just like you would during an on-site audit.  The overall aim is to evaluate this evidence objectively to determine the extent to which the audit criteria have been fulfilled.  

This webinar is a detailed discussion of Best Practices and new techniques, used by audit professionals to address the challenges of auditing during a pandemic. Learn how you can become a nimble and agile auditor, using current technologies, techniques, and methodologies to ensure proper audits are being performed in the uncertain and changing times of the Covid-19 pandemic. 

This online CPE webinar for CPAs covered key topics:

  • Tools available for remote auditing
  • Current techniques used by auditors
  • Methods used to gather audit evidence 
  • Analysis of audit evidence gathered during remote auditing

Learning Objectives

  • To provide an understanding of what is meant by performing a virtual audit.
  • To identify current techniques the auditor can use to comply with recognized audit testing methods, such as inquiry, observation, examination of evidence, and re-performance.
  • To gain knowledge of new methods and techniques to gather audit evidence, and solidify the understanding of the different types of audit evidence.
  • To be able to critically analyze the quality of the different types of audit evidence
  • To provide an understanding of how you should approach remote auditing

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • CPA (Industry)
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

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