Auditing Cash

Authored by Joanne Flood, CPA-MBA
About this Course
This course gives you the guidance you need to audit cash. Testing the bank reconciliation is the primary test of cash and through a comprehensive case study and interactive exercises, you will practice thoroughly testing each component of the reconciliation. You will see the importance of spending the time to understand the accounting system and related controls in this area. You'll learn how to take the proper steps to work with the client to obtain all the records, schedules, and other information that you need to do your job.
Learning Objectives
  • Match audit procedures typically performed in the cash area to stated audit objectives
  • Effectively review the accounting system and controls over cash transactions and identify weaknesses and possible solutions
  • Properly test client's bank reconciliation and perform other substantive tests in the cash area
  • Avoid common audit inefficiencies and oversights
Key Topics
  • Understanding the cash cycle
  • Common cash account audit procedures and techniques
  • Bank reconciliations
Who will it benefit?
New Staff covers key areas to ensure auditors are well prepared to begin their careers. The Audit Staff Essentials Level I courses establish a strong set of core skills necessary for junior staff growth.
$ 125.00
AICPA Member Price: $ 99.00
Course is unavailable for purchase.
NASBA Field of Study
Accounting and Auditing
CPE Credits
Delivery Method
QAS Self-Study
Advance Preparation
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