This CPE course discusses common audit procedures surrounding cash and cash equivalents, as well as steps for risk assessment to identify common risks found in this area.
Learning Objectives
Recall the audit objectives and related assertions in the cash and cash equivalents area.;Identify the basic audit procedures over the cash process, including those surrounding risk and fraud, and apply those procedures to a commonly encountered audit situation.
Major Topics
Relevant professional standards related to auditing cash;Cash and cash equivalents;Audit objectives and assertions for cash;Risk assessment for cash;Application of guidance and cash case study
