Events Search
  Summary & Check Out (0)
Thursday, March 6, 2025 Live Webcast

Audit 108: Auditing PP&E and Leases - Common Risks (X2-45544)

2:00 PM - 4:00 PM EDT
webcast

Vendor Platform

2 CPE Credits in AA

OVERVIEW

Auditing PP&E, Including Leases under Topic 842 - Digesting the Risks of Improper Treatment of Tangible Long-Lived Assets will address tips and techniques for auditing tangible long-lived assets for various assessed risk levels, with a special emphasis on lease accounting under Topic 842. Property, plant and equipment can range from a low-risk to a high-risk audit area, depending on the nature of transaction and events engaged in by the reporting entity.

DESIGNED FOR

Accountants responsible for auditing property, plant and equipment, including leases

BENEFITS

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

  • Identify typical audit risks and special audit considerations for tangible long-lived assets
  • Tailor a detailed audit plan to respond to assessed risk of material misstatement related to fixed assets and leases
  • Recall key controls related to property, plant, and equipment
  • Recognize and apply lease accounting requirements, including the impact of Topic 842 lease accounting standard changes on both lessees and lessors

HIGHLIGHTS

The major topics covered in this course include:

  • Typical audit risks and responses for tangible long-lived assets
  • Special issues related to initial recognition and capitalization, including capitalized interest
  • Key controls related to PP&E
  • Lease accounting requirements and practical application of Topic 842

COURSE LEVEL

Basic

PREREQUISITES

None

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

PRICING

$79.00 - Member

$99.00 - Nonmember

Register Today


Note: Online pre-registration will close on March 6 at 1:30 PM.

ADDITIONAL OPTIONS

Remind me to register

Print a registration form

COURSE DEVELOPER

CPA Crossings