Auditing More Complex Accounts - A ‘How To’ Guide

Introduction

Auditing complex areas of financial statements requires a deep understanding of the entity, its environment and an effective risk assessment to tailor audit procedures appropriately. Auditors must exercise professional scepticism throughout their work and gather robust evidence to confidently support their conclusions.

Struggling with high-risk estimates like goodwill impairments? This virtual classroom seminar offers practical, hands-on guidance on auditing the most challenging areas, including valuations, impairments and going concern assessments. Through real-life examples and interactive exercises, this session is designed for auditors who want to confidently tackle high-risk accounts and defend their judgments under regulator scrutiny.

Learn to detect valuation errors that often trigger regulator scrutiny and reserve your spot now to gain actionable strategies and enhance your audit effectiveness in complex areas!

What You Will Learn

This live and interactive session will cover the following:

• How to identify and assess risks of material misstatement using a risk-based approach
• Practical audit techniques for valuations, impairments, provisions, and going concern assessments
• How to directly link audit procedures to specific risks at the assertion level
• Applying professional scepticism to challenge assumptions and detect errors
• Evaluating the relevance and reliability of audit evidence
• Effectively challenging management judgments and assumptions
• Regulator feedback highlights and documentation best practices

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.