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Auditing - Financial Statements | Breezy CPA
Rating: 4.4 out of 5(35 ratings)
1,291 students
Created byPhilip J. CPA
Last updated 3/2020
English

What you'll learn

  • Understand the purpose of Auditing & why audits are conducted.
  • Students will learn the concept of auditing and assurance functions, corporate governance, including ethics and professional conduct, describing the scope and distinguishing between the functions of internal and external audit.
  • Demonstrate how the auditor obtains and accepts audit engagements, obtains an understanding of the entity and its environment, assesses the risk of material misstatement (whether arising from fraud or other irregularities) and plans an audit of financial statements.
  • Identify and describe the work and evidence obtained by the auditor and others required to meet the objectives of audit engagements and the application of the International Standards on Auditing (ISAs).
  • Be equipped with the knowledge to conduct an audit from start to end.

Course content

1 section16 lectures4h 0m total length
  • Auditing Overview13:27
  • Auditing Process11:56
  • Corporate Governance10:26
  • Accepting an Audit Engagement14:01
  • Auditing Standards (GAAS)12:14
  • Audit Planning15:24
  • Audit Risk13:24
  • Auditing & Fraud Detection11:16
  • Audit Firms13:21
  • The SEC & PCAOB9:16
  • Auditing Internal Controls18:46
  • Understanding Internal Controls21:15
  • Operating Cycles16:57
  • Internal Control Reporting31:03
  • Management Assertions15:43
  • Audit Evidence11:35

Requirements

  • You don’t need to have any accounting or auditing experience as we will cover all of the concepts from scratch.

Description

Hi I'm Philip! I'm a professional CPA instructor and creator of Breezy CPA Review.

Join me in helping you better understand Auditing and if you're studying a CPA, this course can help you pass.

This course is meant for everyone no matter what your accounting level, so no excuses...come take a look!

No matter your career path, everyone should understand the basics of accounting. Start here with a straightforward walk-through of the Auditing Process.

All are welcome to this introduction to the world of accounting — Philip explains each spreadsheet in plain language, ensuring you walk away with the ability to understand essential financial information. After taking this class, you'll have a better understanding of the Auditing process no matter what your skill level is.

Who this course is for:

  • Anyone interested in how auditing works (no prior audit experience is needed).
  • Anyone interested in how accounting works (no prior accounting experience is needed).
  • Anyone interested in perusing a CPA (Certified Public Accountant)