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Course Description

Audits of Local Governments: Concluding the Audit of a Local Government from PPC

 

Accounting & Auditing

(6 credits) $89.95

 

 

 

 

This interactive self-study course provides an introduction to the AICPA's Audit and Accounting Guide for State and Local Governments as well as material covering the single audit concept.

 

Major Subjects:

bullet Connect requirements performed during an audit and when concluding an audit with the appropriate
bullet authoritative literature.
bullet Apply accounting standards associated with commitments and contingencies.
bullet Identify audit procedures to request and interpret lawyers' letters.
bullet Summarize audit procedures performed in a governmental engagement in response to subsequent events.
bullet Recognize standards and procedures relevant to related party transactions in a governmental audit.
bullet Select audit procedures that may contradict the going concern assumption.
bullet Identify components an auditor should address when obtaining a written representation letter from
bullet management.
bullet Assess the effect of audit results on an auditor's assessment of risk made during planning.
bullet List steps associated with the review of workpapers.
bullet Describe the evaluation of misstatements discovered in fieldwork.
bullet Classify content of financial statements.
bullet Illustrate client communications discussed after the financial statements and auditor's report have been drafted.

 

Contributing Author:

Practitioners Publishing Company

Course Level: Basic
Prerequisite: Basic knowledge of accounting, auditing, tax preparation.
ProductCode: 08PALG1
Format: NASBA QAS/Registry self-study

 

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