Intro to Financial Statement Audits
What you'll learn
- Discover the purpose and nature of a financial statement audit.
- Identify the players in the auditing industry.
- Recognize ethical considerations in auditing.
- Identify different forms of auditor’s reports.
Description
Many organizations are audited by independent public accountants. The purpose of an audit is to express an opinion on the fairness of presentation of financial information prepared by management. An audit enhances the value of financial information by making it more trustworthy and credible.
This course begins with an overview of the financial statement audit itself. The course is taught by a long time CFO and finance/accounting leader at companies of many sizes, and he has designed professional development e-learning programs for the Big 4 audit firms.
Although all sections can be taken individually, this is part 1 of a 4 part course.
1. Intro to Financial Statement Audits
2. Planning and Executing a Financial Statement AuditPart
3. Corporate Internal Controls and Fraud Controls Part
4. Financial Statement Auditing Cycles
Who this course is for:
- Anyone interested in accounting, finance, or related fields.
Course content
- Preview03:58
- Preview10:41
- 05:49Audit Profession Players
- 07:52Generally Accepted Auditing Standards
- 12:49Ethics and Rules
- 05:27Independent Auditors' Report
- 04:56Auditors' Report with Reservations
Instructors
![Illumeo Learning](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.1 Instructor Rating
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Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.
Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.
- 4.1 Instructor Rating
- 2,955 Reviews
- 10,688 Students
- 23 Courses
A financial executive and corporate director with a broad base of experience working as a financial leader, catalyst, operator and steward in a number of public and private companies operating in a broad array of industries, with a deep background as a financial, consulting, and accounting educator providing professional development services to Big 4 Public Accounting Firms, universities, and professional institutes.
Specialties:Leadership, finance, accounting, mergers and acquisitions, auditing, instructional design, facilitation and instruction, authoring, decision analysis