A review of accounting for intangible assets and the history of accounting for goodwill, this CPE course addresses the common risks, internal controls and auditing procedures for intangible assets and goodwill.
Learning Objectives
Identify intangible assets and goodwill and the appropriate accounting for each type.;Recall the audit objectives and related assertions in the area of intangible assets and goodwill.;Identify basic processes, controls, and audit procedures in the intangible assets and goodwill area, and identify weaknesses and possible solutions.;Recall the common audit procedures surrounding intangible assets and goodwill and demonstrate mastery through a commonly encountered audit situation.
Major Topics
Accounting for intangible assets and goodwill;Auditing intangible assets;Auditing goodwill;Risk assessment;Common audit procedures;Documentation
