This CPE course covers processes and procedures to successfully audit prepaid and other current assets. It also covers professional standards and risk assessment steps related to this area.
Learning Objectives
Recall the audit objectives and related assertions applicable to prepaid and other current assets.;Identify the common audit procedures or techniques for obtaining audit evidence in the prepaid and other current assets area.
Major Topics
Relevant professional standards related to auditing prepaid and other current assets;Audit objectives and assertions for prepaid and other current assets;Risk assessment for prepaid and other current assets;Application of guidance and a prepaid and other current assets case study
