2025 Governmental Auditing Seminars - Florence, AL   

This course is designed to assist auditors in becoming more efficient when applying procedures – a “must” course for all levels of staff.  Topics covered include: 

·         Professional judgement and due care

·         Inquiry, inspection and observation

·         Confirmation and audit sampling

·         Designing and using substantive analytical procedures

·         Internal controls – should I plan to test, and if so, when?

·         Sufficiency and appropriateness

This course addresses the requirements of SAS 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, respecting the required understanding necessary to support the identification and assessment of risks.  Too often, auditors fail to obtain and document the required understanding and the results can be disastrous. 

Topics covered include: 

·         Introduction

·         An overview of relevant portions of the revised standard

·         Understanding the Entity and Its Environment and Internal Controls

·         Getting the Documentation Right