Planning and Executing a Financial Statement Audit
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Planning and Executing a Financial Statement Audit

In this course we learn how public accountants plan and execute an audit.
0.0 (0 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
5 students enrolled
Last updated 6/2017
English
Curiosity Sale
Current price: $10 Original price: $50 Discount: 80% off
30-Day Money-Back Guarantee
Includes:
  • 2 hours on-demand video
  • 1 Article
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Discover the three phases of the audit process: planning, execution, and completion.
  • Identify management assertions.
  • Discover the various forms of audit evidence.
  • Discover the audit risk model.
  • Discover how to assess inherent risk.
  • Discover how to calculate financial statement materiality.
View Curriculum
Requirements
  • No advanced preparation or prerequisites are needed for this course.
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 covers audit process, evidence, risk models and core audit principles. 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.

Who is the target audience?
  • Anyone interested in Finance, Accounting, or related fields.
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Curriculum For This Course
9 Lectures
02:12:58
+
Introduction
8 Lectures 02:12:57


The Audit Process
16:05

The Audit Evidence
16:41

Audit Risk Model
11:00

Inherent Risk
03:58

Materiality
06:46

Auditing Financial Statements Part II: Auditing principles Continuous Play
01:04:30
+
Supporting Materials
1 Lecture 00:00
Auditing Principles Glossary
00:00
+
REVIEW QUESTIONS AND FINAL EXAM
0 Lectures 00:00

Review Questions: Auditing Financial Statements Part II: Auditing Principles

REVIEW QUESTIONS
3 questions

Final Exam: Auditing Financial Statements Part II: Auditing Principles

FINAL EXAM:
5 questions
About the Instructor
Illumeo Learning
4.3 Average rating
75 Reviews
656 Students
175 Courses
Condensed and Efficient Courses for Busy Professionals

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.

Blair Cook (Illumeo)
4.5 Average rating
22 Reviews
176 Students
21 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