- NY Credits : 2.0
- TX Credits : 2.0
Journal Entry Testing - Applying AU-C 240
This course provides an overview of the necessities for testing the population of journal entries and elements of AU-C 240 that contribute to an auditors assessment of risk of fraudulent financial reporting. In addition, a basic framework for testing journal entries is presented along with step-by-step guidance for conducting a subset of these tests using both Microsoft Excel and Microsoft Access.
Upon successful completion of Journal Entry Testing - Applying AU-C 240, the user should be able to:
identify the basic provisions of AU-C 240 and the basic steps to undertake when testing journal entries; and
recognize a series of tests to identify potentially problematic journal entries using Microsoft Excel and Access.