Financial Statement Auditing Cycles

In this course, we learn how public accountants plan and execute an audit.

Last updated 2022-01-10 | 4

- Discover audit planning and the preparation of audit programs.
- Identify approaches to auditing for fraud.
- Identify approaches for auditing the sales cycle.

What you'll learn

Discover audit planning and the preparation of audit programs.
Identify approaches to auditing for fraud.
Identify approaches for auditing the sales cycle.
Discover substantive audit procedures.
Recognize how to conduct audit completion procedures.

* Requirements

* No advanced preparation or prerequisites are needed for this course.
* Although all sections can be taken individually
* this is part 4 of a 4 part 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 auditing cycles and audit completion. 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.

Although all sections can be taken individually, this is part 4 of a 4 part course.

1. Intro to Financial Statement Audits

2. Planning and Executing a Financial Statement Audit 

3. Corporate Internal Controls and Fraud Controls 

4. Financial Statement Auditing Cycles

Who this course is for:

  • Anyone in Accounting, Finance, or related fields.

Course content

3 sections • 10 lectures

Introduction to Auditing Cycles and Audit Completion Preview 03:58

Auditing Planning Preview 04:58

Audit Programs Preview 06:44

Auditing The Sales Cycle Preview 13:03

Substantive Audit Procedures Preview 11:08

Auditing for Fraud Preview 10:11

Completing The Audit Preview 10:27

Auditing Cycles and Audit Completion Glossary Preview 00:01

Review Questions

Review Questions: Auditing Financial Statements Part IV: Auditing Cycles and Audit Completion

Final Exam

Final Exam: Auditing Financial Statements Part IV: Auditing Cycles and Audit Completion