- NY Credits : 8.0
- TX Credits : 8.0
This interactive self-study course looks at three topics related to audits of local governments. Lesson 1 discusses testing internal control. Lesson 2 takes a look at sampling in this type of audit engagement. Finally, Lesson 3 discusses audit documentation.
Course Expiration Date: April 30, 2020
Please note, the grading fee for answer sheets submitted by regular mail is $105.
Determine whether to test controls, which controls to test, and what procedures are appropriate.
Recognize how to perform tests of controls, including those related to IT; how to evaluate tests of controls and assess control risk; and what documentation is needed.
Determine the extent of substantive procedures and which requirements apply to all audit samples.
Identify how sampling is used in substantive tests of details and tests of controls, as well as appropriate methods for addressing tests of transactions using attribute sampling, and the extent of testing for revenue transactions.
Identify the objective, and basic requirements of audit documentation; appropriate organizational methods for workpapers; and considerations for electronic workpapers.
Lesson 1—Testing Internal Control
Lesson 2—Sampling in an Audit Engagement
Lesson 3—Audit Documentation