This CPE course discusses auditing accounts receivable, covering common procedures, professional standards, and risk assessment steps relevant to accounts receivable.
Learning Objectives
Recall the audit objectives and related assertions in the accounts receivable area;Identify the basic audit procedures over the accounts receivable process, including those surrounding risk and fraud, and apply those procedures to a commonly encountered audit situation.;Identify the concerns and risks of uncollectable accounts and the common procedures for auditing the allowance for doubtful accounts.;Recognize the potential of audit data analytics in accounts receivable audit procedures.
Major Topics
Relevant professional standards related to auditing accounts receivable;Audit objectives and assertions for accounts receivable;Risk assessment for accounts receivable;Application of guidance and an accounts receivable case study;Using audit data analytics
