Understanding Business Strategies

Authored by Joanne Flood, CPA-MBA
About this Course
In this course, you'll be guided through a way of looking at your client's business that will not only help in your audit work but will enable you to help your client become more focused in its activities. You'll review two basic business strategies - cost leadership and differentiation - and the risks associated with both. You'll then learn about value chain analysis and the primary and support activities and how they differ in different businesses.
Learning Objectives
  • Identify and assess your client's overall business strategies
  • Apply the value chain analysis to identify your client's primary activities
  • Recognize different value chain configurations and understand the implications of these differences
Key Topics
  • Understanding the environment your client operates in
  • Evaluating relevant business processes
  • Business strategies
  • Business cycles and their effect on audits
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
$ 85.00
AICPA Member Price: $ 69.00
Course is unavailable for purchase.
NASBA Field of Study
Accounting and Auditing
CPE Credits
Delivery Method
QAS Self-Study
Advance Preparation
Last Updated