- NY Credits : 8.0
- TX Credits : 8.0
This interactive self-study course discusses special audit considerations that may affect the audit of a nonpublic company. Lesson 1 examines audits of group financial statements, the use of service organizations, and the use of specialists. Lesson 2 discusses the use of internal auditors, auditing supplementary information, performing initial engagements, reaudits, interim reviews, and special client considerations.
Course Expiration Date: May 31, 2023
Please note, the grading fee for answer sheets submitted by regular mail is $119.
Recognize the requirements and best practices for audits of group financial statements.
Identify special requirements for audits that involve service organizations and specialists.
Recognize how to best use a nonpublic company's internal audit function and how to audit supplementary information.
Determine what additional procedures may apply when performing initial engagements and reaudits for nonpublic companies.
Determine what special client considerations may apply to the audit of a nonpublic company as well as how to perform interim reviews.
Lesson 1—Audits of Group Financial Statements and Using Service Organizations and Specialists
Lesson 2—Use of Internal Audit, Auditing Supplementary Information, Initial Engagements, Reaudits, Special Client Considerations, and Interim Reviews