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Friday, July 28, 2023 Live Webcast

Audit 302: Planning Effective and Efficient Audits (X2-36659)

12:00 PM - 2:00 PM EDT
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

Advanced Audit Planning Concepts - Ensuring an Effective and Efficient Audit will focus on how to enhance engagement team brainstorming and discussions to leverage knowledge to create a high-quality and profitable audit approach. The biggest factors that lead to an effective and efficient financial statement audit are the properly identification, evaluation, and response to risk of material misstatement.

DESIGNED FOR

Accountants with responsibility for ensuring a high quality and profitable audit engagement.

BENEFITS

Upon completion of this course, you will be able to...

  • Apply engagement planning best practices for a high quality and profitable engagement
  • Link assessed risk of material misstatement to the detailed audit plan
  • Determine the most appropriate nature, timing and extent of audit procedures for maximum effectiveness and efficiency

HIGHLIGHTS

The major topics covered in this course include:

  • Overview of the audit process
  • Linking risk of material misstatement to the detailed audit plan
  • Tailoring standard audit programs based on assessed risk
  • Engagement team discussion agenda items and best practices
  • Evaluating the appropriateness of audit evidence
  • Common efficiency considerations by audit area

COURSE LEVEL

Intermediate

PREREQUISITES

Knowledge of the audit risk model

ADVANCE PREPARATION

None

INSTRUCTOR

Jennifer Louis

Jennifer F. Louis, CPA

President

Emergent Solutions Group

Jennifer F. Louis, CPA has over 25 years of experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003, she founded Emergent Solutions Group, LLC, where she focuses her energy on designing and delivering high-quality, practical, and engaging accounting and auditing training. She was most recently Director of Audit Product Development at Surgent Professional Education, and prior to that served as Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly-respected training and audit process consulting firm. Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP. At the start of her professional career, Jennifer was an Audit Manager for Deloitte & Touche LLP, where she frequently served as a local and national instructor. Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting. Besides loving life on the lake with her husband in Charlotte, NC, she enjoys hiking with her little dog Frodo Beggins, and savoring any precious moments spent with her two young adult boys