- NY Credits : 8.0
- TX Credits : 8.0
Companion to PPC's Guide to Homeowners' Associations - Course 1 - Performing Substantive Procedures and Concluding the Audit (HOATG171)
Determine the best methods for performing substantive procedures in a CIRA audit, including how to address tests of details, substantive analytical procedures, substantive audit procedures, and other elements of the audit that may require special consideration.
Identify how to approach the following elements of concluding a CIRA audit: commitments and contingencies, accounting estimates and fair value, subsequent events, and related parties.
Recognize how to deal with the following elements of concluding a CIRA audit: going concern considerations, management representation letters, considering the accumulated results of audit procedures, analytical procedures, review of workpapers, and summarization and evaluation.
Determine the best methods for drafting the financial statements and auditor's report, dealing with group financial statements, communicating the correct information with clients in a CIRA audit, and using an engagement summary memorandum.
Lesson 1—Performing Substantive Procedures
Lesson 2—Concluding the Audit