Auditing for today’s world Remoting auditing is happening everywhere you turn. Understanding the considerations for a remote audit and the specific techniques for performing the engagement will help you integrate remote auditing into your practice. You will learn how to:
Leverage the benefits of remote auditing
Manage the team, client, and audit process remotely
Identify engagement-wide procedures from client acceptance through report issuance when remote auditing
Identify and obtain audit evidence for generally material accounts
Learning Objectives
Identify why remote auditing has become an important skill.
Recall the general characteristics of a remote audit.
Identify techniques for managing your team, the client, and the remote audit process.
Identify the considerations for engagement-wide audit procedures, including client acceptance, risk assessment, fraud, and documentation.
Recall the considerations for obtaining and using audit evidence and for professional skepticism when conducting a remote audit.
Identify general considerations for auditing significant asset and liability accounts.
Identify techniques that can be used in remote walk-throughs and controls testing.
Recall techniques to effectively perform inventory procedures when conducting a remote audit.
Major Topics
Benefits of remote auditing
How to manage the team, the client, and the audit process remotely
Engagement-wide procedures, from client acceptance through report issuance when remote auditing
