About this Course
In this course, you will review the accounting requirements surrounding revenue recognition and learn where to go for additional accounting guidance. You will then go through the audit procedures and learn how to recognize fraud associated with improper revenue recognition and detect revenue misstatements. In a series of interactive case studies, you'll practice the key points related to trouble spots like shipping policies, absence of an agreement, cancellation clauses, right of return, and more.
- Current accounting guidance
- Recognition of revenue
- Designing and performing audit procedures
- Fraud considerations
- Complexities of revenue recognition
Who will it benefit?
Level 3, Audit Senior/In-Charge identifies the more difficult areas for experienced auditors. Audit Staff Essentials Level 3 courses will give your staff the confidence necessary to begin assuming client and engagement management