Audit Staff Essentials - New Staff: Core Concepts

Level 1, New Staff: Core Concepts

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Accounting Today's Best New Products 2017

Who Will Benefit?

Recently onboarded staff
First-year staff
Firms that want consistent training and level setting

Key Topics

Audit basics
New auditor's role in an engagement
Key communication skills
Working papers and documentation
Audit risk model
Professional skepticism

Learning Objectives

Recognize the audit's purpose, phases, and procedures performed during each phase of an audit.
Distinguish between the performance requirements of preparation, compilation and review engagements.
Identify key concepts and techniques of interpersonal behavior and communication.
Recall the importance of professional skepticism and identify when and how to use professional judgment and skepticism in the audit.
Recall the basics of the audit risk model, including assertions.
Recognize the different qualities of audit evidence and the techniques used to obtain evidence in order to form an opinion on the financial statements and related disclosures.
Identify the purpose and importance of audit documentation and the fundamental principles and their application.

Audit concepts and techniques you can use throughout your career.

As you take on new audit roles and responsibilities, you'll want to have in place a strong conceptual groundwork for all future audit learning.

Part of Audit Staff Essentials (ASE), Level 1: New Staff: Core Concepts focuses on the skills and knowledge needed to perform duties commonly assigned to first-year audit staff.

Level 1 covers the audit from the firm's perspective. On this level, you'll learn about the core concepts and the dynamics of in-firm and client relationships. Available separately, Level 1's courses include:

When taken together with Level 2 – New Staff: Practical Application, this level will help you become a successful auditor and firm member right from the start!

About Audit Staff Essentials − Taking you on your audit learning journey.

From start to finish, Audit Staff Essentials (ASE) provides the training road map and support you need along your career journey. Designed to help you master your current position and excel in each phase of your career, this 4-level self-study series offers four unique levels that cover hands-on technical skills, conceptual expertise, and soft skill training.

Regularly refreshed, this 4-part series is perfect for individual staff members or as a comprehensive group training program for firms. Get ready to position yourself or your staff members to become successful auditors and essential firm members. Levels include:

Level 1 – New Staff: Core Concepts
Level 2 – New Staff: Practical Application
Level 3 – Experienced Staff/New In-Charge
Level 4 – Experienced In-Charge/Senior

For more information, including a short video, FAQs, group sales discounts and more, visit AICPAStore.com/ASE.

Topics covered:

Assurance: Technical: Audit, Foundational

Technical

Audit Staff Essentials - New Staff: Core Concepts

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