Financial Statement Auditing - Part 1
Adding Assurance to the Financial Statements
Internal Auditing,Financial Statement
Lectures -23
Resources -19
Duration -1.5 hours
Get your team access to 10000+ top Tutorials Point courses anytime, anywhere.
Course Description
Auditing is the next progression in the accounting curriculum. Auditors add value to the information prepared by the financial accountants because their work makes it more reliable and trustworthy. Whether you are going into the field of auditing or are just an investor wanting to know more about the auditors report you are reading and what goes into it, this course will help.
We learn about the core financial statements themselves, the types of evidence that an auditor will gather during their review, the standards they must follow, how they document their work, and how they ultimately communicate the results.
This course is for anyone who may have felt lost in prior auditing courses and wants real life examples and a down to earth explanation, rather than something read word-for-word out of a textbook. Is this you? Then you are in the right place!
This course is taught by an instructor with over twenty years of training experience, including corporate training, face to face instruction, and online course development. In addition to the lectures and study material common to many other courses, this course also has a downloadable textbook/study note file, along with downloadable Excel templates paired with a lecture walking through the solution once you are done. To test your knowledge of the basic concepts we also have quizzes after each section to make sure you feel comfortable with the topic before moving on to the next one.
At the end of this course, you will have a better understanding of the standards and processes of auditing. You will be able to pass that class!! Let’s get started!
Goals
After this course you should have a better understanding of the basic concepts of financial statement audits, including the standards, risks, and the different types of opinions. After this course you should be prepared for the additional detail in part 2.
Prerequisites
No prerequisites are required for this course, as we start out at the ground level of auditing.
![Financial Statement Auditing - Part 1 Financial Statement Auditing - Part 1](https://d3mxt5v3yxgcsr.cloudfront.net/courses/16370/course_16370_image.jpg)
Curriculum
Check out the detailed breakdown of what’s inside the course
Overview of the Audit Profession and Standards
8 Lectures
-
Study Notes - Need for Audit and Assurance Services
-
Study Notes - Types of Audit and Assurance Services
-
Study Notes - The Securities and Exchange Commission (SEC)
-
Study Notes - The American Institute of Certified Public Accountants (AICPA)
-
Study Notes - The Sarbanes-Oxley Act
-
Study Notes - The Public Company Accounting Oversight Board (PCAOB)
-
Study Notes - Certified Public Accounting Firms and CPAs
-
Study Notes - Auditing Standards (GAAS vs. SAS)
Auditor and Management Responsibilities
4 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Ethics and Legal Liabilities
2 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Audit Planning and Risk Assessment
2 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Evidence and Sampling
3 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Fraud and Internal Controls
1 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Auditor Opinions and Communications
2 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Course Wrapup
1 Lectures
![Tutorialspoint](/market/public/assets/images/loader.gif)
Instructor Details
![Chris Severson](https://www.tutorialspoint.com/assets/profiles/409032/profile/200_2658988-1693888257.jpg)
Chris Severson
I have a Master of Professional Accountancy Degree (MPA) from the University of Nebraska-Lincoln. I have been teaching accounting part time, both face to face and online since 2008. I work as the manager of our Audit training area, managing the training plan and course development for 150 auditors nationwide. My work history includes reviewing, preparing, and presenting course material for the Becker Professional CPA Review.
Course Certificate
Use your certificate to make a career change or to advance in your current career.
![sample Tutorialspoint certificate](/market/public/assets/newDesign/img/primePacks/V-certificate.png)
Our students work
with the Best
![adobe logo](/market/public/assets/newDesign/img/adobe.png)
![adp logo](/market/public/assets/newDesign/img/adp.png)
![apple logo](/market/public/assets/newDesign/img/apple.png)
![armani logo](/market/public/assets/newDesign/img/armani.jpg)
![bosch logo](/market/public/assets/newDesign/img/bosch.png)
![capegemini logo](/market/public/assets/newDesign/img/capegemini.png)
![cisco logo](/market/public/assets/newDesign/img/cisco.png)
![hdfc bank logo](/market/public/assets/newDesign/img/hdfcbank.png)
![ibm logo](/market/public/assets/newDesign/img/ibm.png)
![intel logo](/market/public/assets/newDesign/img/intel.png)
![mastercard logo](/market/public/assets/newDesign/img/mastercard.png)
![netflix logo](/market/public/assets/newDesign/img/netflix.png)
![qualcomm logo](/market/public/assets/newDesign/img/qualcomm.png)
![samsung logo](/market/public/assets/newDesign/img/samsung.png)
![sony logo](/market/public/assets/newDesign/img/sony.png)
![unilever logo](/market/public/assets/newDesign/img/unilever.png)
![walmart logo](/market/public/assets/newDesign/img/walmart.png)
![adobe logo](/market/public/assets/newDesign/img/adobe.png)
![adp logo](/market/public/assets/newDesign/img/adp.png)
![apple logo](/market/public/assets/newDesign/img/apple.png)
![armani logo](/market/public/assets/newDesign/img/armani.jpg)
![bosch logo](/market/public/assets/newDesign/img/bosch.png)
![capegemini logo](/market/public/assets/newDesign/img/capegemini.png)
![cisco logo](/market/public/assets/newDesign/img/cisco.png)
![hdfcbank logo](/market/public/assets/newDesign/img/hdfcbank.png)
![ibm logo](/market/public/assets/newDesign/img/ibm.png)
![intel logo](/market/public/assets/newDesign/img/intel.png)
![mastercard logo](/market/public/assets/newDesign/img/mastercard.png)
![netflix logo](/market/public/assets/newDesign/img/netflix.png)
![qualcomm logo](/market/public/assets/newDesign/img/qualcomm.png)
![samsung logo](/market/public/assets/newDesign/img/samsung.png)
![sony logo](/market/public/assets/newDesign/img/sony.png)
![unilever logo](/market/public/assets/newDesign/img/unilever.png)
![walmart logo](/market/public/assets/newDesign/img/walmart.png)
Related Video Courses
View MoreAnnual Membership
Become a valued member of Tutorials Point and enjoy unlimited access to our vast library of top-rated Video Courses
Subscribe now![Annual Membership Annual Membership](/market/public/assets/newDesign/img/membership-large-small.jpg)
Online Certifications
Master prominent technologies at full length and become a valued certified professional.
Explore Now![Online Certifications Online Certifications](/market/public/assets/newDesign/img/traning-for-a-team.png)