Analytical Procedures
Description
When it comes to performing a financial statement audit, designing the appropriate audit response can be a challenge! Analytical procedures are a type of audit response that can aid an auditor in obtaining the appropriate audit evidence needed to support the auditor’s report. In this analytical procedures CPE eLearning course (1.0 CPE), you will learn about the various types of analytical procedures in an audit, and when it is appropriate to use these procedures. We’ll then analyze the requirements of designing and performing substantive analytical procedures, which is a type of analytic performed to obtain support over relevant assertions for accounts and disclosures. This course covers the following U.S. auditing standards: AU-C Section 520 and AS 2305.
Topics covered include:
- Overview of analytical procedures
- The use of analytical procedures
- Designing and evaluating substantive analytical procedures
If you are an auditor who audits financial statements in accordance with PCAOB, AICPA, or IAASB auditing standards, this analytical procedures CPE course is an essential component of learning how to effectively design analytical procedures and improve overall efficiency of the audit. It is engaging, fully of practical examples, and with GAAP Dynamics, you know it will be fun!
Interested in group discounts for your team? Contact us to learn more.
Learning Objectives
By the end of this course, you should be able to:
- Recognize the various types of analytical procedures and why they are used
- Recall the requirements for designing and evaluating substantive analytical procedures
Additional Information
| Last Updated | 09/01/2023 |
|---|---|
| CPE Credit | 1 |
| Field of Study | Auditing |
| Instructional Delivery Method | QAS Self Study |
| Knowledge Level | Overview |
| Prerequisites | None |
| Advanced Preparation | None |
| Expiration | This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit. |
| Refund or Cancellation Policy | For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608. |
$120
1h 00m
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