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Technical

Experienced In-Charge/Senior - Auditing Estimates and Fair Value Measurements - Part I Logo aicpa

  $129.00 |   CPE: 2.0 |   AICPA |   Dec 2017 |   Auditing |   AICPA Store

This CPE course can be purchased individually, or as a part of the Audit Staff Essentials - Experienced In-Charge/Senior training bundle.

This CPE module is an overview of some of the important requirements and perspectives in auditing estimates and fair values, topical areas often identified as challenging and the source of many peer review and inspection quality comments. By no means is this course alone, or in combination with Experienced In-Charge/Senior: Auditing Estimates and Fair Value Measurements — Part II (a complete course in this subject area). The CPE module aims to provide you with the foundation to properly address and succeed in this area.

Learning Objectives

This course will prepare you to do the following:

  • Recognize the importance of and evolution of estimates and fair values in financial reporting
  • Identify the required audit practices and procedures to meet GAAS requirements
  • Recognize how to apply fair value concepts to financial reporting
  • Identify some accounting and auditing challenges relating to estimates and fair values
Key Topics
  • Background and history
  • GAAS requirements for auditing estimates and fair value
  • Auditor bias when auditing estimates and fair value
  • Challenging concepts in fair value accounting and auditing
Who Will Benefit?
  • Experienced in-charge auditors and audit seniors
DISCOUNTS

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Topics covered:
  • Assurance: Technical: Audit, Intermediate

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