Fraud and the Financial Statement Audit: Auditor
April 28, 2009
Written by:
Anonymous(Roanoke, VA)
This publication is an excellent reminder of how CPAs have allowed our actions to discredit our profession and have the government become more involved in setting auditing standards.
SAS 99 and the Risk Assessment Standards are very clear on the auditor's responsibilites to detect material misstatements due to fraud, ways inwhich fraud occurs, preconceived ways that auditors conduct audits, benefits of having the audit team work together to identify how fraud may occur, using the fraud triangle to identify fraud risks, how to apply SAS 99, and much more.
The chapters in this CPE course start with and introduction of SAS 99 and the auditor's responsibilities and built on each other just as you would perfom an audit. The materials are easy to read and understand. There are numerous examples and explanations that are directly related to the audit process and complying with SAS 99.
Any CPA who reads and understands SAS 99 will be even more informed and prepared to conduct an audit if he/she has completed this CPE course.
I highly recommend studying and using "Fraud and the Financial Statement Audit: Auditor Responsibilities Under SAS 99.
Reviewer Profile
Job Type:
Business & Industry
Job Title:
Other
Experience with this Topic:
Advanced
Are you a CPA?:
Yes
Another outstanding tool our firm uses to refocus our audit staff. The section giving suggestions for effective brainstorming helped our firm develop and implement new strategies for to improve our audit planning sessions.
Reviewer Profile
Job Type:
Public Accounting
Job Title:
Manager
Experience with this Topic:
Intermediate
Are you a CPA?:
Yes
