NEBRASKA SOCIETY OF
Certified Public Accountants
SERVING NEBRASKA AND ITS CPAS SINCE 1928
Audit Skills Training Level 3

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Online Registration Form

Date: August 20 - 21, 2018
Location: Mahoney State Park, Ashland
Course Time: 8:30 AM to 4:30 PM
Registration Begins: 8:00 AM
Summary
Level 3 focuses on transitioning staff auditors to performing more complex audit procedures, and assuming more responsibilities related to handling financial reporting issues. This course builds on the technical experiences of auditors to introduce them to the tips and techniques necessary to assume responsibility on larger engagements with increased audit risk, including considering audit report modifications.
Objectives
* Explain how to properly safeguard independence when performing both attest and nonattest services * Describe how to alter the nature, timing, and extent of audit procedures to be commensurate with assessed risk of material misstatement, including fraud risk * Discuss how a proper evaluation of the design and operating effectiveness of internal control could impact assessed risk of material misstatement * Explain significant risks such as revenue recognition and fair value of investments * Draft complex footnotes and properly modify auditor reports for emphasis-of-matters * Be familiar with the results of the numerous case studies, exercises, and illustrations that reinforce key learning points throughout the course
Highlights
Each module includes a lecture followed by in-class group case studies and activities. In this two-day course, the following two-hour modules will be presented: * Code of conduct * Fraud risk considerations * Risk-based audit concepts * Internal controls * Investments * AR and revenue * Analytical procedures * Financial statement reporting
Who Should Attend
Experienced staff with 1-2 busy seasons of experience

Course Level Intermediate
Prerequisites Familiarity with SASs and FASBs
Course ID3AUD
Discussion LeaderJennifer F. Louis, Surgent
CPE Credit16 Hours
Additional Information: Parking and lunch are provided on-site.
Fee: $550 - Society Member
$580 - Society Nonmember
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635 S. 14TH ST. SUITE 330
LINCOLN, NE 68508
(402) 476-8482
(800) 642-6178
(402) 476-8731